Cash payment excess Rs 20000-

New Direct Tax Code 2082 views 6 replies

in the case, payments made to transporter ag.GR IN a day

1) can we pay more than20000/-

2) in a day  if there is more than 1 GR how much we can pay in cash

Replies (6)

the cash payment limit in case of transporter is rupees 35000

but if single bill is more than 30000 and pan is not given by transporter than tds is also must

AGREED WITH FUTURE CA.

agree with future ca

Originally posted by : sanjeevmehra
in the case, payments made to transporter ag.GR IN a day
1) can we pay more than20000/-
2) in a day  if there is more than 1 GR how much we can pay in cash

upto 35,000.

yes agree with all...

for transporter cash payment upto rs 35000 is allowed...but in other case it is Rs 20000.....


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register