Payment to transporter in excess of 35000/-
This query is : Resolved
Sumit Agarwal
(Querist)
17 July 2012
1) The payment made to the same transporter is of Rs. 140000/-, but against 4 bills each of Rs. 35000/-.Can this be allowed.
2) The payment made to a transporter is of Rs. 50000/-against one bill only. I have made payment by cash 25000/- today and 25000/- tomorrow. Is this allowed.
2) The payment made to a transporter is of Rs. 50000/-against one bill only. I have made payment by cash 25000/- today and 25000/- tomorrow. Is this allowed.
Suresh Mittal
(Expert)
17 July 2012
In first case, yes you can make the payment on samw date and it will be allowed.
For your second querry , before I reply, I want to know how you have made payment of 25000/- tommorrow, as i am living in present. Any how, yes it will also be allowed.
For your second querry , before I reply, I want to know how you have made payment of 25000/- tommorrow, as i am living in present. Any how, yes it will also be allowed.
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Sumit Agarwal
(Querist)
17 July 2012
Definately all are living in present. To make the experts understand my example was my main aim.
Any ways thanks for the reply
Any ways thanks for the reply
Sumit Agarwal
(Querist)
17 July 2012
In my example all the payments are made in cash...
Will this be allowed
Will this be allowed
Suresh Mittal
(Expert)
17 July 2012
Yes, even all the payments are in cash, they will be allowed.
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CA BHARATH KUMAR
(Expert)
17 July 2012
sumith agrawals annswer correct
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