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Salary in cash

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(Querist)
25 April 2012 whether salary more than 20000 can be paid in cash?
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Sumti Bhadani

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Sumti Bhadani (Expert)
25 April 2012 As per section 40A(3)if payment is made above Rs 20,000/- in a single to a single person, same will be disallowed.Even if the salary is paid more than Rs. 20,000/- in a single day, same shall be disallowed.
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Murtaza I Bhagat

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Murtaza I Bhagat (Expert)
25 April 2012 yes agree with expert
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CA PRAVEEN SINGH

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CA PRAVEEN SINGH (Expert)
25 April 2012 yes.pay in cash more than Rs 20000 in cash is disallowed.sec 40A(3).
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