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Cash Payment of Salary

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(Querist)
11 September 2009 Sir,

My Employees salary 25000/- P.M. Can I give cash Salry P.M.

If I Pay Salary of more than 20000/- to person in a singal day will be attract provision of 40A(3) as per Income Tax Act
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Jitender

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Jitender (Expert)
11 September 2009 in case of salary of more than 20000 given in cash is covered by sec 40 A(3) and it will be disallowed.
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CA CHINTAN AJMERA

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CA CHINTAN AJMERA (Expert)
11 September 2009 If u pay salary more then 20000 to one employee on different days then also it is disallowed.
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