can a pvt ltd co. pay wages>20000 in cash to different people in one day?
Menu
wages>20000
Replies (2)
yes, it can be paid to different persons in a single day.........
Sec. 40A(3) i.e. disallowance of revenue expenditure will be attracted only if payment had been made in a single day that is also to a single person above Rs. 20000/- in a way other than Account Payee Cheque/Draft............
Recent Threads
- Utilizing Capital gains in new home construction
- Hi i have some doubt about my microsoft exam?
- Period of holding of residential flat and its acqu
- ITRs for AY 2025-26 filed in September 2025 not pr
- Heard & Seen Around – Your Daily Economi
- Best NISM course for an Accountant
- Calculate IT on LTCG AND STCG for the FY 2025-26
- Heard and Seen Around - Your Daily Economic Quick
- Returning to India - Residency confusion
- About CMP-08
Related Threads
CAclubindia
