Query regarding section 40a(3) rule 6dd

This query is : Resolved 

15 September 2015 I have come across a situation which doing tax audit of a client where the opening  outstanding amount of creditors is more than 1 lac and he has made payment in various installments of 15000/- on different dates in cash. Is this way is correct or same could be disallowed.Please clarify

16 September 2015 nopes this is correct he can do so na.. payment in different dates is allowed...



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries