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Salary payment entry in case excess 20000

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 September 2016 Dear sir,
we have ten staff also giving RS. 10000, 10000 PM to all employee in cash, i.e. total 100000/- PM
my query is.. can i pass combined entry of 100000 in cash for salary payment in tally.
salary to staff DR... 100000
TO cash...100000
if so, will AO allow this,

Regard
vikas
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Amol S Joglekar

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Amol S Joglekar (Expert)
28 September 2016 yes, the AO will allow the same....

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