Labour charges paid in cash

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

04 September 2010 My client is a Government contractor undertaking work of Canals and Bridges. As these sites are far away from the city, Contractor has to make payment in cash.

Sometimes payment amount exceeds Rs. 20000. I want to know whether i have to disallow this payment or take benefit of Rule.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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04 September 2010 Payment made more than Rs.20000/- to contractor will be disallowed and rule 6DD applicable in your case

Querist : Anonymous

Querist : Anonymous (Querist)

09 September 2010 what if these are made to labours and upto 20 k.m. there is no bank.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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10 September 2010 If you paid to day & week wage basis labour up to Rs.20000 the sec.40A(3) will not apply

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