Cash transaction above 10000/-

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I have a bill of 30000/-. Can I make cash payment against it in the following manner:

1/8/19  10000/-

2/8/19. 10000/-

3/8/19. 10000/-

Will the above expenditure be disallowed u/s 40A(3)?

 

 

Replies (3)
To be on safer side get 3 bills
Yes. U can make payment, if there are three bills not a single bill

can i received above 10000/- cash from scrap sale in one day


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