Payment excedd rs. 20000 in cash
This query is : Resolved
Querist : Anonymous
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
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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