Sec40A(iii)

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PURNODAYA (Querist)
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30 November 2010 payments made to a person in a day in excess of Rs.20000 but of different bills would be allowed or disallowed.

CA Sanat Pyne (Expert)
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30 November 2010 YES, IT WILL BE ALLOWED.

CA Sanat Pyne (Expert)
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30 November 2010 VISIT THIS LINK

https://www.caclubindia.com/experts/cash-payment-522525.asp

PURNODAYA (Querist)
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01 December 2010 but sir as per language of sec.aggregate payment made to person in a day in excess of Rs.20000 would be disallowed.

CA Sanat Pyne (Expert)
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01 December 2010 PLEASE CHECK
V .K SINGHANIA'S DIRECT TAX LAW & PRACTISE

PAGE NO 400,
148 P1 PROB NO 3.

visit the link , which i have given you.

PURNODAYA (Querist)
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05 December 2010 thank u sir.

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