Payment Exceeds Rs.20000/-

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Manager Accounts and Internal Audit
20 Points Posted on 26 March 2011

My company paid Rs.210000/- to one supplier against 32 bills.

Whether it is disallowed Us 40A(3)??

Pls.Advice

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On 26 March 2011 at 09:54 Report
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Learner
20 Points Posted on 26 March 2011

cash payment made more than rs.20000 against different bill will be allowed......

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On 26 March 2011 at 10:16

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