PAYMENTS CASH MODE ALLOWED IN IT ACT

kollipara sundaraiah (B.com) (2896 Points)

16 December 2021  

A Doctor running a private nursing home health services provided and working different doctors.example : health services  fees collections amount rs:20 lacs for  different doctors after sanction amount rs: 19 lacs  credited to nursing home bank account credit.

My doubts:

1. fees collections amount share amounts different doctors cash mode allowed in it act.(bank channel mode compulsory)sec 40a(3) applicable

2.food expenses and travelling charges pay amount cash mode allowed in it act.