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Plz help....cash payment of rs. 35000 to a transporter

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Querist : Anonymous

Querist : Anonymous (Querist)

31 October 2013 I want to know & confirm that if the limit of single cash payment to a transporter for FY 2013 - 2014 is either the same as before of Rs. 35000 or has been recently changed & revised to Rs. 30000.

PLZ HELP.....

Nikhil Kaushik

Nikhil Kaushik (Expert)
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31 October 2013 It is 35000

CA Pallav Singhania

CA Pallav Singhania (Expert)
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31 October 2013 Yes, Expert is correct..
In case of Transportation expenditure limit is 35000 {F.Y 2013-14}...

Ganeshbabu K

Ganeshbabu K (Expert)
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01 November 2013 There is no ammendment in this sec.40A(3)
.
.
it is same as 35000

Manish Thakkar

Manish Thakkar (Expert)
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01 November 2013 Its Rs.35000/-

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