Section 40a(3)
This query is : Open
Abhinav Sharma
(Querist)
10 May 2017
Can anyone tell me clearly about Section 40A(3) that what about limit of transporter's payment which was earlier upto rs 35000 but as the limit to other cash payments reduced to rs 10000 ,is there any clarification or change about transporter's payment limit
CA Rashmi Gandhi
(Expert)
10 May 2017
Limit u/s 40A(3) reduced to Rs.10000/- but limit for payment to transporte is still same i.e. 35000/-
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