Payment of salary
This query is : Resolved
Tinku Agarwal
(Querist)
17 May 2014
Can salary be paid more than 20000 in cash ? & P.tax had been deducted from the payment of salary ? Do is allowable or not as per 40a(3).
Sandeep Dharar
(Expert)
17 May 2014
No for Salary above than Rs. 20K u must pay it through check or others but not in cash.
Rupesh Jain
(Expert)
22 May 2014
you can not make payment of any exp exceeds rs. 20000/- in cash. otherwise it will disallow.
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