Payment to transporter

If I receiver 10 Lorry in a single day of the same Transporter/Owner 

Can I make payment of Rs 35000/- for each lorry

Replies (5)

Yes. You can make the payment.

 

 

Payment to a single person in a single day can't exceed 35000/- in case of transport. So if all the 10 trucks below to same person u can't make the payment. If made it wld be disallowed.

 

yes you can but patment should by means of other then cash to avail deduction

As per sec 40 a (3), Payment for transport  cannot exceed Rs. 35,000/- to a single transporter in a day.

As per sec 40 A(3), in the case of transporter, payment in excess of 35000 made otherwise than by an account payee cheque or draft exceeds 35000 , will be disallowed  ( here amount of 35000 applicable per transporter per day , irrespective of invoice dated diffent days)

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