TMI BlogSec40a(3) cash payments exceeds 20000X X X X Extracts X X X X X X X X Extracts X X X X ..... Dear sir, salary payment to employee in cash(working at site) 50000 in a day, is it allowable or not allowable u/s 40a(3) 2) Amount 25000 paid to employee and the employee paying (wages to one ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... person 10000,another person 15000) in this way shall i pay advance to employee more than 20000 - Reply By MARIAPPAN GOVINDARAJAN - The Reply = Any payment exceeding ₹ 20000/- paid by cash ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is not allowed under the Income tax Act provisions. - Reply By chandrashekhar bathini - The Reply = Thank you sir. - Sec40a(3) cash payments exceeds 20000 - Query Started By: - chandrashekhar bat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hini Dated:- 12-2-2016 Income Tax - Got 2 Replies - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanage ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ment - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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