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Cash paid more than rs.20000

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 September 2013 In a construction Company Labour charges paid weekly for the labourers.

For Eg:- In costruction site 20 labourers are working, each labourer charges Rs.300 per day , So weekly total = 20*300*6 days = RS.36000. This amount being paid to one among the workers to be distributed to workers..

Whether 40A(3) is applicable in this case ??
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Ashwani Narnoli

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Ashwani Narnoli (Expert)
21 September 2013 No
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Nikhil Kaushik online

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Nikhil Kaushik online (Expert)
21 September 2013 40A(3) shall apply only to those instances where a particular worker in a single instance receives more than Rs 20000 in cash.
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