27 February 2009
Payment made as follow will be allowed or disallowed. e.g.: Payment made to x transport co. of Rs. 36000 in single day which consist as below: Rs.18000 for L.R.no.125 Rs.18000 for L.R.no.126
27 February 2009
Pl see question no 9 in http://law.incometaxindia.gov.in/TaxmannDit/DispCitation/ShowCit.aspx?fn=http://law.incometaxindia.gov.in/directtaxlaws/cbdt/dtccontents/PARA1119.htm