Section 40 a(3)
This query is : Resolved
CA Harish yadav
(Querist)
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
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)
(Expert)
28 September 2015
it was allowed.. but keep in mind about section 269ss and 2699tt also now...
CA Harish yadav
(Querist)
28 September 2015
Is there any supporting provision or any case law for your answer.
CA Harish yadav
(Querist)
28 September 2015
Is there any supporting provision or any case law for your answer.
Amol S Joglekar
(Expert)
28 September 2015
there is no any problem in receiving income in CASH.
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