Where the assessee incurs any expenditure in respect of which a payment or aggregate of payments made to a person in a day, otherwise than by an account payee cheque drawn on a bank or account payee bank draft, exceeds twenty thousand rupees, no deduction shall be allowed in respect of such expenditure
Payment or aggregate of payment upto Rs 35000 in a day can be made to transport operator for plying, hiring, leasing goods carriages otherwise than by way of a/c payee cheque or a/c payee bank draft. In all other cases limit would be Rs 20000
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