can one make cash payments of more than 20000/- at a time to sundry creditors against due bills
can one make cash payments of more than four laks during the year to sundry creditors against due bills
or, is such payment also disallowed u/s 23.
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cash payment to sundry creditors
Replies (1)
Dont have any information about the second 1 but payment to creditor over and above 20000 is disallowable under income tax act..........
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