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Payment more than 20000/- in Cash

This query is : Resolved 
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Guest

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Guest (Querist)
02 July 2009 Sir i want to know that I could pay More than Rs.20000/- in cash for the Purchase of Computer and Laptop.
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Manoj

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Manoj (Expert)
02 July 2009 Yes. It should be capitalized.
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Manmohan ACA, CS

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Manmohan ACA, CS (Expert)
02 July 2009 yes
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CA Nitin Wadhwani

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CA Nitin Wadhwani (Expert)
02 July 2009 Yes.
You can.
There would be no disallowance.

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