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Advance given to employee exceeding rs. 20,000.

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(Querist)
29 December 2014 Dear Experts, Pls tell, what is the tax implication if Rs. 25000 paid as advance to a staff in cash.
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Rupesh Jain

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Rupesh Jain (Expert)
29 December 2014 you cannot give the cash rs. 25000/- in advance. i9f you give then add in your income.,

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