Payment to transporter more than rs. 35000

Ritu Raj Singh (Accounts & Tax Executive)   (232 Points)

17 September 2012  

From 1.10.2009, we can make payment to a transporter in a day by one bilti or challan under Rule 6DD of Income Tax Act, 1961. Is any exception available of this rule? If Yes, what are the exception(s)