payment exceeds RS.20000
This query is : Resolved
14 May 2010
my query is:
can a cash payment be made for more than 20000/- on account of octroi on a single day-will the disallowance u/s 40A(3),will come into effect?
pls its urgent to be answered .
darshi
can a cash payment be made for more than 20000/- on account of octroi on a single day-will the disallowance u/s 40A(3),will come into effect?
pls its urgent to be answered .
darshi
14 May 2010
yes. will be disallowed.
Message likes :
1 times
14 May 2010
Will not be disallowed under section 40 A(3). Refer rule 6DD(b) and CBDT Circular No.34 dated 05/03/1970.
Message likes :
1 times
14 May 2010
It is not disallowed . I agree with chakrapani sir
Message likes :
1 times
14 May 2010
Agreed with Chacrapani Ji.
Payment of octroi related to Govt. due, hence it is allowed as per rule 6DD.
Payment of octroi related to Govt. due, hence it is allowed as per rule 6DD.
Message likes :
1 times
14 May 2010
not disallowed.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS applicability in case of software payments to a foreign company
- Tax on Goodwill on LLP
- Registration of Articleship
- Procedure to surrender export incentive
- Reverse charge on commercial property
- Capital gain tax after 23 jul 2024
- INCOME TAX SAVINGS PLAN FOR NEW REGIME FY 2025-26 (MAN/WOMAN)
- Old car transaction
- Capital gains -1
- Clarification on Cost of Acquisition and Capital Gains Tax Treatment for Tata Chemicals
- TDS ON OTA Commission
- Is rcm applicable on cleaning services?
- GST INVOICE RAISED BY THE FRADULENT COMPANY WITHOUT THE KNOWLEDGE OF THE OTHER PARTY
- First Auditor was not appointed till 9 months
- Doing Jobworks eway bill is mandatory or not
- GST on Co-Operative Housing Society
- Filing of forms on MCA portal for allotment of shares for a new company
- RCM Reconciliation Excel Sheets Format
- Goodwill realeted
- Revision under Section 264 in The Income Tax Act, 1961
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
