U/s 40A(3)
This query is : Resolved
16 June 2010
Dear Sir,
Whether Payment of salary to employees in excess of Rs. 20,000 in cash, will hit the provision u/s 40A(3) disallowance?
Whether Payment of salary to employees in excess of Rs. 20,000 in cash, will hit the provision u/s 40A(3) disallowance?
16 June 2010
Yes.it will applicable for salary payment also
16 June 2010
yes it is applicable in case of salary payments also.
16 June 2010
agreed with experts
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