Question ID :
40412
Cash payment by Cooperative society to Transporters/Salary
A Cooperative society in transport business is making payments in cash exceeding 10000- to transporters(Who are family members only)and without deduction of TDS also
Whether obtaining PAN is sufficient for transport payments and whether payment exceeding 10000- as exp by Cooperative
Society to transporters is alright
Posted by
Mahesh Kumar
on
Sep 29, 2019
Filed Under
DIRECT TAXES
You are violating section 40A(3) of the Act.
Posted by
SIVADAS CHETTOOR on
Oct 05, 2019