Rule 6DD

This query is : Resolved

CA Gaurav Goyal (Querist)
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11 July 2009 Can a person make payment of more than Rs. 20,000/- in cash for expenses made on different days with amount not exceeding Rs. 20,000/- but totalling to more than Rs. 20,000/- and the payment is made in total on a single day.

Ratan Sharma

Ratan Sharma (Expert)
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11 July 2009 Payment in excess of Rs. 20,000/- can not be made in a single day even in parts. However you can pay below Rs. 20,000/- on different days, even though the total payment exceeds Rs. 20,000/-.

CA Gaurav Goyal

CA Gaurav Goyal (Querist)
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22 July 2009 Is it like payment exceeding Rs. 20,000/- must not be made to single person. Does the provision of single person also exist or the payment in cash exceeding 20,000/- must not be made to any number of person in a single day.

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