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Payment excedd rs. 20000 in cash

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 February 2013 Respected Sir/Medam

In this regarding when we are auditing under Income Tax Act we found that a single payment of Rs. 140000/- made in cash to BSES(Electricity Board) . What will be treatment .


Thanking You

16 February 2013 Cash payment to the govt. authorities are allowed.


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