Can we pay Rs. 500000/- cash to Ecectricity Depat. for Monthly electricity bill???
is it covered in rule 6DD or contravention of section 40A(3)???
Can we pay Rs. 500000/- cash to Ecectricity Depat. for Monthly electricity bill???
is it covered in rule 6DD or contravention of section 40A(3)???
S..its covered under rule 6dd which says payments to any government in legal tender is acceptable
yes, itz covered under rule 6DD
yes it is covered by rule 6DD
yes it is covered by rule 6DD
Ya, It will not attract penalty under section 43.
yes its covered under rule 6DD.
DEAR ASHUTOSH,
YES IT IS COVERED BY RULE 6DD ONLY WHEN THE PAYMENT IS MADE TO GOVERNMENT (CENTRAL OR STATE). SO IF THE ELECTRICITY PROVIDED BY OTHER THAN GOVERNMENT E.G. BSES, RELIANCE, TATA FOR MUMBAI, WOULD NOT BE COVERED BY RULE 6DD.
REGARDS,
MANOJ
CAclubindia
