Transporter cash payment limit
This query is : Resolved
16 May 2025
Sir,
We are manufacturing company and some cases we need to pay cash to transporter due to their emergency what is limit for cash payment for allowable expenses to income tax.
Thanks & Regards.
We are manufacturing company and some cases we need to pay cash to transporter due to their emergency what is limit for cash payment for allowable expenses to income tax.
Thanks & Regards.
17 May 2025
The allowable limit for claiming it as a deductible expense is ₹35,000 per transporter per day.
19 May 2025
thank you sir for your valuable suggestion
19 May 2025
You are welcome.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Required to submit form 10IEA_fy 24-25
- Error whilst validation
- Rebate u/sec. 87A manually
- ITR2 Not Validating Short Term Capital Loss as value less than zero
- GSTR ITC relationship
- Treatment of Profit on sale of fixed assets
- Procedure and Documents Required for Release of FD from DVAT
- Ewaybill Material value reg
- SALES MADE THROUGH E COMMERCE OPERATOR 9(5)
- IGST Refund pending since June 2022.
- HSN details in Table 12 for gstr1
- Profit transfer entry from one branch to head office branch
- RCM on affiliation fees paid to foreign educational institution
- E proceeding query u/s 143(2) for a.y. 24.25
- REQUEST FOR HELP IN TALLY THE BALANCE SHEET
- Non- payment of GST on supply of services- reg
- Accumulated surplus exceeding 15%
- Different GST Number MEESHO
- Fees amount transfer procedure for two doctors
- Notice u/s 148 of IT Act
Trending Online Classes
CAclubindia
