Sec 40a(3)

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Querist : Anonymous

Querist : Anonymous (Querist)

04 December 2012 if a person pay in a single day rs 50000 in cash through different bill one bill is 17000 and second bill is 17000 and last bill is rs 18000 then whole amount is allowable or not?

Ram Avtar Singh

Ram Avtar Singh (Expert)
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04 December 2012 No payment to single party in single day above 20000/- except transporter. transporter up to 35000/-

@VaibhavJ

@VaibhavJ (Expert)
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04 December 2012 HI

If payee is different then allowed, else there should be separate payment voucher of different dates.

Thanks//Vaibhav
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