Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


cash transaction in a year up to Rs.20,000/- that rule under
sec.40-A. It may be any revised rule updated. Please inform me
anybody, and also suppose giving cash/cheque it is possible.



cash transaction in a year up to Rs.20,000/- that rule under sec.40-A. It may be any revised rule ..

Answer / gulzar singh ( gulzar.thpl@gma

Cash payment in a singal day to party should not be
morethen rs. 20000/-, however payment is being made for
hiring ro leasing ( transportation) , the limit is 35000/-


if payment is more then 20000/- will disalloued. and deemed
as profit.

Is This Answer Correct ?    5 Yes 0 No

Post New Answer

More Taxation Interview Questions

My unit is a manufacturing unit and deals in Auto-parts and registered in Central Excise,Service Tax and Sales Tax. Now,we intend to import machines in the company for sale them in Local market.What procedures we have to follow for the aforesaid purpose?

0 Answers   Emco,


How to determine TDS on Salary ? what are Limit for HRA ,insurance premium , Loan installment, children education fee etc. what type of Deductions for salary. please Explain Full and complete this concept with one example which cover all aspects regarding TDS on Salary.

0 Answers  


I am a civil Engineer consultant. On an item for example Rs.100, I am adding 4%WCT ie., Rs.4 and I am certifying the contractor bill for Rs.100.00 + Rs.4.00 = Total Rs.104.00. But my client is deducting 4% on Rs.104.00 ie., Rs. 4.16. So, finally contractor is losing Rs. 0.16 on Rs. 100 which amounts to lakhs on the project value. Can you please guide me on this? Santosh Kumar

0 Answers  


if salary paid per month Rs 80000/ I will deduct TDS from his salary, please what I do explain.(send Urgently)

0 Answers  


i am new to this tax system if you don't mine "please help me"

0 Answers  


Salary A/c Dr (Gross) 10000.00 Salay payabe A/c Cr 9825.00 ESI Payable A/c Cr 650.00 ESI Employer Cont. Dr. 475.00 or Salary A/c Dr (Gross) 10000.00 Salay payabe A/c Cr 9825.00 ESI Payable A/c Cr 175.00 which is correct entry above entries ?

5 Answers  


how to recover a tds from taxation towards an assesse so particularly in finaNCIAL YEAR

1 Answers   Bank Of America,


which is the first liability for pay Service Tax to GOvt

0 Answers  


Can we claim rebate of Securities transaction tax (paid on trading in F&O segment of stock market) while paying/calculating Income tax

1 Answers  


what is difference among VAT, CST and sale tax

14 Answers   Sulux Phosphates,


WHAT IS MEANT BY CST? DO THE SUPPLIER CLAIM CST 2% FROM THE PURCHASER? WHAT ARE ALL THE RULES TO BE FOLLOW WHILE THE BUYER PURCHASE A 'C'FORM FROM THE CTO?

0 Answers  


1· What is a bad credit score? 2· What does my credit score mean? 3· Can I check my Vantage credit score range online? 4· Should I have perfect credit score, that is, above 800 credit score? 5· With a 600 credit score, how to improve my credit rating score? 6· How to raise my credit score if I have 500 credit score? 7· How to increase your credit rating score quickly? 8· How can I find out my credit rating score for free? 9· Home Equity Loans ????????· 10. Calculate Mortgage 11· Mortgage Payment 12· Mortgage Payment Problems

0 Answers   Cholamandalam DBS,


Categories