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Sec 40A(3)
Is cash purchase of stock more than rs. 10000 allowed or not.
Replies (3)
Any way u pay cash more than 10,000 not allowed
EXCEPTIONS:
1)Payment to transporter (Upto 35,000) allowed
2)Situational considerations as per rule 66D
EXCEPTIONS:
1)Payment to transporter (Upto 35,000) allowed
2)Situational considerations as per rule 66D
It's Rule 6DD not 66D
Is this rule 6DD in final?
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