Pls Help me Sec 40A(3)

n!tE$h GarG (CA Final) (216 Points)

20 October 2010  

As per sec 40 A (3), sum of Rs. more than 20,000 can not b paid in cash.

So my ques. is dat ?

Can we deposit more than 20,000 cash directly in Supplier's Bank A/c instead of cash paid to him. 

is that allowable ?