Section 40A(3) Cash payament exceeding 20,000

This query is : Resolved 

09 February 2011 Hi.. Could any one let me know whether the cash limit is up to 20,000 or it has increased to 35,000 in 2010. Please forward supporting material for that.

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09 February 2011 only in case of payment to transporter, limit was 35,000/- w.e.f. 01.10.2009.


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