24 May 2010
As per the second proviso of Sec 40A(3) in the case of payment made for plying, hiring or leasing goods carriages, the amount of Rs. 20000 is substituted by Rs 35000.
So if in your case, if the payment of Octroi duty is related to plying, hiring or leasing goods carriages, then the amount of limit is increased to Rs.35000
06 March 2013
what if octroi is paid by a company through its agent like safe express pvt ltd in cash for example our client had hired above mentioned co to pay octroi on their behalf and they charge their service charge on it whether it will be disallowed u/s 40a(3) if paid in cash
CAclubindia
