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+--- Thread: Cash Salary Limit (/showthread.php?tid=8525)
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- LapTop - 08-19-2010
fark amount par dipand karta hay ji,,, agar income 300000 hay to 3000 ka farak mamoli ho sakta hay or agar income 1500000 hay to 20 ya 25 hazar bhi mamoli fark ho sakta hay ji
- olympia - 08-20-2010
agreed with laptop....
noman its vary from case to case i mean amount to amount
- nomanejaz2009 - 08-20-2010
okay thank you buddy!u guys are rock.
- Information Consultant - 12-11-2011
Cash Salary limit same in current year(15000) or change for Sole propietor,AOP and companies ?
- student_of_law - 12-12-2011
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Information Consultant</i>
<br />Cash Salary limit same in current year(15000) or change for Sole propietor,AOP and companies ?
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Laptop has produced above section 21 which states deduction not allowed. Its clause (m) says that salary exceeding 15k is not allowed as deduction if not paid through cross cheque.
You may read the said clause (m) of the updated version of statute to know whether permissible limit of cash payment of salary is amended or still as it was. No need to ask anyone.