SEC 40A(3)
This query is : Resolved
ca tarun sharma
(Querist)
19 August 2009
hello sir if any payment made electricity co i.e BYPL in cash more than rs 20000 will it be disallowed us 40A(3)
and also if employer cont to esi, epf paid in cash above rs 20000 will it be disallowed or not
please refer provision in detail regarding reply
thanx in advance
and also if employer cont to esi, epf paid in cash above rs 20000 will it be disallowed or not
please refer provision in detail regarding reply
thanx in advance
UMA SHANKER SHARDA
(Expert)
20 August 2009
Payment to BYPL in excess of Rs.20000/- shall be disallowed, as BYPL is a corporate body and not a government department. PF & ESI contribution shall be allowed.
U S Sharda
U S Sharda
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