cash payment abopve 20000

This query is : Resolved 

17 August 2010 Sir if i have paid more than 20000 in cash towards labour charges to diffrent labour than will it be disallowed?

17 August 2010 no, it will not be disallowed.
IF SINGLE PAYMENT TO SINGLE PERSON SHOULD MORE THAN 20000/- THEN IT IS DISALLOWED.

17 August 2010 If payment to each labour in cash is more than 20000/-. Section 40A(3) is applicable.


17 August 2010 No disallowance, as the payment has not been made to single person.



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