Section 40a(3)

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

03 May 2017 please tell someone whether travel exps. reimbursed to staff more than 10000/- say 25000/- who gives his tour bills, fooding & lodging etc for 7 to 8 days, whether we may make full payment of 25000/- to him or there is restriction in such payment u/s 40A(3)??

Expert : Anonymous

Expert : Anonymous (Expert)

03 May 2017 Dear the bills attached should not be of single payment to a person exceeding Rs 10000. you can pay him any amount but supporting should be in parity to section 40A3

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