Sec40A(iii)
This query is : Resolved
30 November 2010
payments made to a person in a day in excess of Rs.20000 but of different bills would be allowed or disallowed.
CA Sanat Pyne
(Expert)
30 November 2010
YES, IT WILL BE ALLOWED.
CA Sanat Pyne
(Expert)
30 November 2010
VISIT THIS LINK
https://www.caclubindia.com/experts/cash-payment-522525.asp
https://www.caclubindia.com/experts/cash-payment-522525.asp
01 December 2010
but sir as per language of sec.aggregate payment made to person in a day in excess of Rs.20000 would be disallowed.
CA Sanat Pyne
(Expert)
01 December 2010
PLEASE CHECK
V .K SINGHANIA'S DIRECT TAX LAW & PRACTISE
PAGE NO 400,
148 P1 PROB NO 3.
visit the link , which i have given you.
V .K SINGHANIA'S DIRECT TAX LAW & PRACTISE
PAGE NO 400,
148 P1 PROB NO 3.
visit the link , which i have given you.
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