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BHARATH MALI (Assistant of Audit)     26 January 2020

Electricity Payment

Can a Propreitor Pay Electricity Bill in Cash Rs. 11450/-

Section 40(a)(3) ??


 8 Replies

Kapadia Pravin

Kapadia Pravin   26 January 2020

Yes he can very well pay. it will not be dis-allowed under 40A(3)
BHARATH MALI

BHARATH MALI (Assistant of Audit)     26 January 2020

Any case law regarding this matter please
Kapadia Pravin

Kapadia Pravin   26 January 2020

No. of case laws are there
payment of electricity bill should not be to a private power distributor company.

All government or GoI controlled State Boards are ok for cash payment
RAJA P M

RAJA P M ("Do the Right Thing...!!!")     26 January 2020

@ Mr BHARAT MALI.,

The Cash Payment above 10k to electricity is allowed as expenditure and it's not disallowed. Refer the same section with rule 6DD...

Also follow the suggestion by Mr Kapadia Pravin...
BHARATH MALI

BHARATH MALI (Assistant of Audit)     26 January 2020

Sir, EB payment to Tamilnadu Electricity Board
rama krishnan

rama krishnan   26 January 2020

As stated by Mr kapadia, it'll not be disallowed under section 40A (3)
1 Like
RAJA P M

RAJA P M ("Do the Right Thing...!!!")     26 January 2020

@ Mr BHARAT MALI.,

( Sir, EB payment to Tamilnadu Electricity Board. )

Yes... TNEB is a TN State Govt. So, it's allowed.
BHARATH MALI

BHARATH MALI (Assistant of Audit)     26 January 2020

Ok sir .. ThnQ

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