CASH Payments Exceeding 20k !!

CA AYUSH AGRAWAL (Kolkata-Pune-Mumbai) (26986 Points)

18 September 2013  

I Invite All to have a Discussion on Auditing u/s 40A iii for Cash expenditure exceeding 20000/-.

How One Will do Audit if payment Made in Excess of 20000/- Through Bearer Cheque.

I am expecting smart replies from smart peoples.

Lets see How Many of you can able to reply on this smartly.