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sec 40a3

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 May 2011 if salary paid in cash exceed rs. 20,000. is there any exception under rule 6DD so that it can not be disallowed. suggest a remedial for it.
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ca cs shriyans jain

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ca cs shriyans jain (Expert)
02 May 2011 There is no exceptn dear, only day whn banks r closd due to strike.
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CA. Krishna K Neeraj

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CA. Krishna K Neeraj (Expert)
03 May 2011 EXEMPTION IS ALSO AVAILABLE IN FOLLOWING CASE:
The payment is made by way of salary to his employee IN EXCESS OF RS. 20000/- IF SUCH employee is temporarily posted for a continuous period of fifteen days or more in a place other than his normal place of duty or on a ship and does not maintain any account in any bank at such place or ship;
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