Sir,
Can we pay labour charges in cash mode Rs.30000/- labour for cleaning and stitching of wheat/Rice bags.
Any cash limit for labour in a single day.
Menu
Labour charges Cash
Replies (4)
No, as per section 40a(3) if any cash payment is made for single transaction to single person in day exceeds 10000 then same shall not be allowed as deduction in profit and loss account
Dear Sir
it's not single person.Its the group of 4 to 9 person. so can we pay
it's not single person.Its the group of 4 to 9 person. so can we pay
But it will cover under single transaction
It's better to pay in different small bills aggregating 9000 each.
Recent Threads
- Exports against INR PO payable by Domestic Company
- Which websites are best for government exam prepar
- TDS on maturity payment of LIC of india
- ITR2 Gold ETF short and long term
- Query under faceless assessment
- Purchase of business
- Refund of ITC for advance paid to overseas supplie
- Clubbing query (when gifts given to multiple fami
- Transfer Pricing Audit Upload Form 3CEB - Income T
- Only a Few Pages Indexed by Google Despite Sitemap
Related Threads
CAclubindia
