24 January 2011
Limit is Maximum upto Rs. 20,000 and this is applicable as that any single person should not be paid more than Rs. 20,000 in a single day in aggregate against a single bill.
However, there are certain exceptions given under rule 6DD, please go through those exceptions also.
from 2010 if you can pay upto Rs. 35,000 to any transport company.
CAclubindia
