As per Section 40a3, please clarify whether we can pay transporters in cash. There is one case example. Goods transport agency e.g. Shambu nath transport Company sends material in its 5 different trucks in a day and each truck has transportation G.R. value of Rs 20000. Can we pay Rs 20000/- to each truck in a day aggregating to Rs 1.00 lakh for 5 trucks. Is truck considered single person or transport company consider single person?
Its the transport company who is considered as a single person and the amount paid individually or when aggregated to that company should not be more than 35000 in cash in a day
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