Payment in cash above Rs.20000/-
This query is : Resolved
07 July 2008
Good Morning Sir,
How will i check the payment in cash above Rs.20000/-. What are the circcumstances the above cash payment will be disallowed in income tax.
How will i check the payment in cash above Rs.20000/-. What are the circcumstances the above cash payment will be disallowed in income tax.
07 July 2008
All payments made in cash exceeding 20000/- is liable to 100% disallowed U.s 40A(3)
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