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Section 40 a(3)

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CA Harish yadav

CA Harish yadav (Querist)
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28 September 2015 Dear sir/Madam,
what if the assessee received income more than 20000 in cash(PGBP Income). If yes/no please give me supporting answer.
Thanks

CA AnKiT BoHrA (AB)

CA AnKiT BoHrA (AB) (Expert)
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28 September 2015 it was allowed.. but keep in mind about section 269ss and 2699tt also now...

CA Harish yadav

CA Harish yadav (Querist)
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28 September 2015 Is there any supporting provision or any case law for your answer.

CA Harish yadav

CA Harish yadav (Querist)
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28 September 2015 Is there any supporting provision or any case law for your answer.

Amol S Joglekar

Amol S Joglekar (Expert)
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28 September 2015 there is no any problem in receiving income in CASH.

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