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Payment to transporter more than rs. 35000

Tax queries 587 views 1 replies

From 1.10.2009, we can make payment to a transporter in a day by one bilti or challan under Rule 6DD of Income Tax Act, 1961. Is any exception available of this rule? If Yes, what are the exception(s)

Replies (1)

@ RAj... if Transporter has provided PAN then payment of Rs. 35,000 can be done in a day against one bill..

There is no exemption to this.

If there is anyone then plz tell me.

 


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