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Cash payment in excess of rs.20000

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 January 2014 ours is a ltd.co.
our one of employee makes cash payment of rs.35000/- out of his pocket.He puts reimbursement memo in co.& co.is paying rs.35000 to him by cheque.

Is this called cash pmt.in excess of rs.20000 as per 40A by co.?

21 January 2014 which type of expenses
provide some more details...

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 January 2014 some gifts purchased for giving to clients.


01 February 2014 NO,
IT IS NOT COVERED U/S 40A.



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