Sec40a(3) cash payments exceeds 20000

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....ec40a(3) cash payments exceeds 20000<br> Query (Issue) Started By: - chandrashekhar bathini Dated:- 12-2-2016 Last Reply Date:- 17-2-2016 Income Tax<br>Got 2 Replies<br>Income Tax<br>Dear sir, salary....

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.... 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 person 10000,another p....

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....erson 15000) in this way shall i pay advance to employee more than 20000 Reply By MARIAPPAN GOVINDARAJAN: The Reply: Any payment exceeding &#8377; 20000/- paid by cash is not allowed under the Inco....

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....me tax Act provisions. Reply By chandrashekhar bathini: The Reply: Thank you sir.<br> Discussion Forum - Knowledge Sharing ....