limits of cash payment
This query is : Resolved
04 January 2011
what is the limitation for cash payment u/s 40A(3)
(1) is it still Rs. 20,000
or
(2) is it Rs. 30,000
(1) is it still Rs. 20,000
or
(2) is it Rs. 30,000
Ram Avtar Singh
(Expert)
04 January 2011
Cash payment limit under sec 40A(3) is 20000/= and in case of transporter 35000/=
Message likes :
2 times
10 June 2011
Cash payment limit under sec 40A(3) is 19999 and in case of transporter 34999
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