17 July 2015
Dear sir please let me know as to whether we can purchase of Rs 20000 or more and make payment in part in different dates . Whether it will be allowed or not
17 July 2015
if it exceeds 20000 in a single day then sec 40A3 shall be attracted
Querist :
Anonymous
Querist :
Anonymous
(Querist)
17 July 2015
BILL IS OF 480000 AND PAYMENT IS SHOWN AS 19900 IN CASH IN DIFF DATES. WILL IT BE ALLOWED OR BILL OF MORE THAN 20000 SHOULD NOT BE SETTLED IN CASH