sec. 40A(3)
This query is : Resolved
15 May 2009
what is the treatment regading payment of salary paid in cash amound exceeding Rs. 20000
15 May 2009
The above mentioned case does not fall under the exceptions mentioned in rule 6DD, hence this needs to considered as disallowed expenditure while calculating taxable income.
15 May 2009
Hi,
if salary of more than Rs.20000/- is paid in cash to a single person than such expenses shall be disallowed.
if salary of more than Rs.20000/- is paid in cash to a single person than such expenses shall be disallowed.
16 May 2009
both are true
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Confusion around Form 26QB fields
- GST ON EXPORT COMMISSION
- RCM INVOICING FROM NOV-2024
- Tds on building rent monthly
- Disallowance of Section 43B(h) to sez units
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
