Cash payment above 20000
This query is : Resolved
04 May 2012
let we take that Mr.A paid salary of rs. 180000 in cash to his different employees for the month of april but salary of one of his employee is above 25000 in april month , is there is any disallow as per section 40a3?
04 May 2012
salary of one of his employee above 25000 in april month will be disallowed as per section 40a3
04 May 2012
agreed ..............
regards,
regards,
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