12-12-2011, 03:07 AM
<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.
<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.
