banner_ad

Payment excd rs.20000/-

This query is : Resolved 
Profile Image

Profile Image

(Querist)
26 June 2012 if any expenditure/purchase excd Rs.20000 (say Rs.90000/-) & payment thereof made on different days not excding 20000/- ( say Rs.15000/- on each day (6day * 15000=90000)will it be allowed u/s 40A(3)??
Profile Image

CA PRAVEEN SINGH

Profile Image

CA PRAVEEN SINGH (Expert)
26 June 2012 payment or aggregate of payment made to a person in a day in excess of Rs.20000 is dsallowed u/s 40A(3)..
Profile Image

CA CS Amit S. Kedia

Profile Image

CA CS Amit S. Kedia (Expert)
26 June 2012 No, payment in a single day should exceed Rs. 20000. Accordingly, it will not be disallowed
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details