Sir,
we received the services from transporter invoice value of Rs. 30000/- can we pay cash to transporter Rs. 30000/- any resction in IT and GST
please suggest
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Transporter fright by cash
Replies (5)
Quick Summary
Yes, You can pay that 30k to transporter...
Yes,
In my opinion you can pay cash to the extent 35K as i won't be disallowed as a Exps in computation of your PGBP under Section 40A of Income tax act
Thank you
In my opinion you can pay cash to the extent 35K as i won't be disallowed as a Exps in computation of your PGBP under Section 40A of Income tax act
Thank you
35000.00
No restrictions in gst, if u pay gst under rcm than can claim itc
Thanks to all of you
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