Salary above 20000 in cash

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Querist : Anonymous

Querist : Anonymous (Querist)

07 May 2013 is salary above 20000 in cash is allowed or not??

CA.Sourabh Sethia (Expert)
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07 May 2013 it is allowed

there is no disallowance will be attracted in case of salaries

CA Bijal Shah (Expert)
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07 May 2013 Payment of Rs. 20000 to a single person as salary in cash in a day will be disallowed u/s 40A(3)

CA.Sourabh Sethia (Expert)
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07 May 2013 it is not to single person

if it is for single person then it is disallowed

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