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Section 40a(3)

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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
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CA Rashmi Gandhi

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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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