Cash payments for 2010-11

20000/- or 30000 for plying business

20000/-

35000/- for plying 

Hi ravi,

as per section 40A(3) limit of cash payment of expenditure is Rs. 35000/- in case of transporter and Rs. 20000/- in any other case.

but some exceptions in which u can make cash payment are given under rule 6DD.

Link for rule 6DD is given below

https://law.incometaxindia.gov.in/DIT/income-tax-rules.aspx

Mr. Sachin Sharma is Right on the point.

20,000 and 35,000 for plying in a DAY