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Payment in excess of Rs. 20000

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(Querist)
17 June 2010 Whether payment made to MSEDCL above Rs. 20000 is disallowed or not?


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Devendra. K
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
17 June 2010 Yes. Payment to Maharastra State electricity Distribution Co Ltd by cash more than Rs.20000/ attract sec.40(A)(3) and disallowed
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
18 June 2010 agree
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ajay taneja

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ajay taneja (Expert)
18 June 2010 agreed
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CA. BIJENDER KR. BANSAL

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CA. BIJENDER KR. BANSAL (Expert)
18 June 2010 agreed with experts.
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CMA Arif Farooqui

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CMA Arif Farooqui (Expert)
23 June 2010 agreed with experts.

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