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cash payment above rs 20000

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(Querist)
07 December 2008 Can anyone make payment of above rs 20000 on the sunday (bank holiday)
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K V Subba Rao

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K V Subba Rao (Expert)
07 December 2008 Rule 6(DD)(k)permits "...where the payment was required to be made on a day on which the banks were closed either on account of holiday or strike"

Visit http://www.taxmann.com/DitTaxmann/IncomeTaxActs/2005ITAct/rules006dd.htm

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