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Payment in cash exceeding rs.20000/-

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Querist : Anonymous (Querist)
12 July 2014
Suppose company paid Rs.75000/- in cash as advance against expenses to its director. Will this be allowed under income tax act??
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Deepti Asawa

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Deepti Asawa (Expert)
12 July 2014 https://www.caclubindia.com/experts/disallowance-of-cash-payment-more-than-20000-659955.asp

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