Cash payment exceeding 20000
This query is : Resolved
20 March 2015
Hi,
If i make a payment in cash more than rs 20000/- for purchase of air ticket through a agent then is it be disallow?
If i make a payment in cash more than rs 20000/- for purchase of air ticket through a agent then is it be disallow?
20 March 2015
yes since the business exp in excess of 20,000 shall attract sec 40A(3)
20 March 2015
yes dear diallowed............
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