payment above 20000

The limit for cash payment made for plying, hiring or leasing goods carriages has been raised to Rs. 35,000/- w. e. f. 01.10.2009

I am totally agree with Aditya

Cash Payment u/s 40A(3) & (3A) has been increased in the case of payments made for plying, hiring or leasing goods carriges from Rs. 20000 to Rs. 35000 - This will effective from 1st Oct. 2009

Its ok. Sir I want to know that whether he can pay the sum above limit by this way and can ignore cash limit above 35000/-.

Thanks in advance...

no if he ignores the limit deduction in respect of payment will not be allowed as deduction

 Hai Freinds,

Amounts not deductible in respect of expenditure exceeding Rs.20000/- (Rs.35000/- from 01-10-09)

Exception:- Rule 6DD

Agreed with SK singh...

dear swohra...........40A(3).......is attracted if the payment and expenditure both are greater than 20000/35000 (for transporters).....so it wont apply in ur case