Salary in cash of Rs. 20000.
This query is : Resolved
09 September 2009
Hi this is Harheet Singh.
Can any body tell me whther the payment of salary in cash amounting to Rs. 20000 is disallowed or not under Income Tax Act
Can any body tell me whther the payment of salary in cash amounting to Rs. 20000 is disallowed or not under Income Tax Act
09 September 2009
NOpe as this is the normal payment so disallowance would be appliccable
09 September 2009
Allowed upto 20K. Disallowed, if exceds 20K.
09 September 2009
It is not allowed (with some exeption)
09 September 2009
Payment of salary more then one person and exceed 20000 then it is not disallowed but condition that one employee can not get more then 20000
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- Error in uploading Form 10BD
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- Grand in aid
- Loss of interest in PF transfer from EPFO to Trust
- NRI INSURANCE ADVISOR
- Banking Related Issue
- Residential status of non resident
- CASH GIFT FROM BLOOD RELATIVE
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- Rent claimed on building given on permissive possession basis
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
