Dear Experts
Can we pay factory rent - Rs.45000/- in cash mode ? as per income tax rule ?
Menu
Cash payment
Replies (5)
No can't pay 40 A(3) disallowance is attached
| Originally posted by : Hitesh | ||
 |
No can't pay 40 A(3) disallowance is attached |  |
Any Solution ?
PAY THE SAME BY WAY OF CHQ OR ELECTRONIC MODE
per day limit ten thousand only to transfer cash one person to another person
It will be disallowed under Section 40A(3). To avoid the disallowance pay the expense through account payee cheque, ecs, draft, or any other online mode.
Recent Topics :
- GSTR1 amendment Bulk bills
- Capital Gain on Sale of Gold
- GST SALES RETURN MISSING 2025-26 FY
- Enquiry on FAST-DS system generated email
- Capital gain on sale of agriculture land
- Demand from TRACES
- FY 2025-26 ITC CLAIM DUE DATE
- 96084000 and 48202000 HSN code ka Tax Rate kya hai
- Clarifications for intra day transactions
- CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
Related Topics :
CAclubindia
