section 40a 3

This query is : Resolved 

28 July 2009 PLS LET ME KNOW WHETHER PAYMENT MADE TO A PARTY ON BEHALF OF OUR CREDITOR IN EXCESS OF RS.20000 BY CHEQUE IS PERMISSIBLE AS PER LAWS.

THE ASSESSEE IS A PUBLIC COMPANY.
PLS LET ME KNW AT THE EARLIEST.

29 July 2009 The law does not prohibit this transaction it is legal



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