Payment made to expenditure above 20000

This query is : Resolved

shrinivas (Querist)
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22 September 2011 Sir,

I am transporter who own the more than 4 trucks, fuel is purchased from same fuel station, all vehicles on same day, which exceeds Rs20000/- in day if all the bills are clubbed. Even though i pay bill through my driver who acts as my agent in this case whether my expenses attract disallowance.

CA Aditya Goel

CA Aditya Goel (Expert)
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29 October 2011 If you are paying to same party in cash above Rs. 20,000 in same voucher in a day its disallowable.

if your driver acts as your agent you can show it as amount reimbursed.