Poonawalla fincorp
Poonawalla fincorp

Section 40 a(3)

This query is : Resolved 
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(Querist)
28 September 2015 Dear sir/Madam,
what if the assessee received income more than 20000 in cash(PGBP Income). If yes/no please give me supporting answer.
Thanks
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CA AnKiT BoHrA (AB)

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CA AnKiT BoHrA (AB) (Expert)
28 September 2015 it was allowed.. but keep in mind about section 269ss and 2699tt also now...
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CA Harish yadav

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CA Harish yadav (Querist)
28 September 2015 Is there any supporting provision or any case law for your answer.
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CA Harish yadav

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CA Harish yadav (Querist)
28 September 2015 Is there any supporting provision or any case law for your answer.
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Amol S Joglekar

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Amol S Joglekar (Expert)
28 September 2015 there is no any problem in receiving income in CASH.

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