Tds


This query is : Resolved 

09 August 2011 Dear All,
Please suggest me that how much aggregate amount we can payment in a day asuming that payment doner is company.
My querry regarding rule 6DD can we payment Rs. 100000 in day to the one transporter against seperate GR or Bills.


Regards,
Sunil Pareek

09 August 2011 Sec 40A(3)
Maximum amt can be paid in cash to a single party in a day(irrespective of no. of bills) is Rs. 20 k and in case of transporter its 35k.
if Rule 6DD is applicable in your case then you can pay any amount in cash (otherwise than in dd or crossed cheque)

10 August 2011 Hi,

I agree with expert


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 26 August 2026
Article Assistant

ANIVESH CONSULTANTS LLP

Gurgaon

CA Inter

View Details
Company
11 August 2026
Chartered Accountant

Aviv Global Pvt Ltd

Ahmedabad

CA

View Details
Company
06 August 2026
Sr accounts executive, Asst Manager

JAMNA AUTO INDUSTRIES LTD

Jamshedpur

CA Inter

View Details
Company
ARTICLESHIP 17 August 2026
Article Assistant

Jain Ankit and Co

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 14 August 2026
Article Assistant

N J Suresh & Associates

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 24 August 2026
Chartered Accountant Articles

Rohit KC Jain & Co

New Delhi

CA Inter

View Details
Company
08 August 2026
International Corporate Tax Advisory

Shulke

Bengaluru

CA

View Details
Company
12 August 2026
Deputy Manager - Finance

RoamPrime Technologies Private Limited

Bengaluru

CA

View Details