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Cash payment to transporter of rs.32000/- as freight

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 August 2013 We can make cash payment to our transporter if goods delivered from Rajasthan to U.P as per income tax act.

22 August 2013 cash payment exceeding 20000 per bill per day are not allowed as deduction

22 August 2013 Yes,,it is allowed as per income tax act,,

Payment in cash to transporters upto Rs.35000 is allowed as expence under income tax act

effective from 01.10.2009




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