cash salary exeption to rule 6DD sec 40A(3)?

Tax queries 2094 views 5 replies

can anybody tell me that cash payment of salary in excess of Rs 20000 to employees of the COMPANY, is exception to rule 6DD wrt sec 40A(3)?

Replies (5)

No, Salary is an expense and it is covered under 40A(3)

disallowed 100%
disallowed

Yes disallowed and 100%

hello,

       the above salary shall be dissallowed becouse cash payment in excsss of rs. 20000/- shall not be allowed to any one.


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