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.


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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries