Urgent - section 40a(3)

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Querist : Anonymous (Querist)
01 July 2013 If salary paid exactly Rs. 20000 by cash to a person for the month is disallowed or not??

Limit is Rs. 20000 onwards or in excess of Rs. 20000 i.e 20001

01 July 2013 if cash paid more than 20000 in a day to a person is disallowed


01 July 2013 refer below discussion on 40(a)(3)

https://www.caclubindia.com/forum/depre-allowability-sec-40-a-3-55686.asp


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