banner_ad

sec. 40A(3)

This query is : Resolved 
Profile Image

Profile Image

(Querist)
15 May 2009 what is the treatment regading payment of salary paid in cash amound exceeding Rs. 20000
Profile Image

chetan soni

Profile Image

chetan soni (Expert)
15 May 2009 The above mentioned case does not fall under the exceptions mentioned in rule 6DD, hence this needs to considered as disallowed expenditure while calculating taxable income.
Profile Image

CA. VIKAS GUPTA

Profile Image

CA. VIKAS GUPTA (Expert)
15 May 2009 Hi,
if salary of more than Rs.20000/- is paid in cash to a single person than such expenses shall be disallowed.
Profile Image

SHIVAM GROVER

Profile Image

SHIVAM GROVER (Expert)
16 May 2009 both are true
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details