Cash dissallowance

Learned friends.

Earlier the law was

Payment made in excess of Rs.  20,000 and the bill amount exceeds Rs. 20,000 then only disallowance is made.

It means bill 1 : 10,000

bill 2 : 15,000

payment made 25,000, 

deduction was allowed.

Now the law is this if excess of Rs. 20,000 is made in a single day to the same person irrespective of the amount of bill it shall be disallowed.

Therefore loophole has been plugged

thanks

https://taxbykk.blogspot.com/

CAN U ADDRESS THE SOURCE OF WHAT U SAID ??
 

What i asked was that if a person pays  10000 at day 1 and 15000 at day 2 against the same bill. it will be disallowed or not ?????????????????????

for the source refer any old income tax book u will get. your qns if a person pays 10000 at day 1 and 15000 at day 2 against the same bill. it will be disallowed or not ans :it will be allowed

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