Easy Office
LCI Learning

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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links