Can we pay More than 35000/- by caash to a single transporter for various transactions.
Deepak Tapse (Accounts Manager - Taxation) (1771 Points)
10 March 2010Can we pay More than 35000/- by caash to a single transporter for various transactions.
nikhil.r.gondhalekar
(articled assistant)
(64 Points)
Replied 10 March 2010
Sir,
Payment for single transaction in single or multiple instalment within a day over 35000 is disallowed. payment in part on different dates not over 35000 a day can be made.(i.e payment can be split)