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Wages over 20000/-

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 September 2012 can we show in books wages paid over 20000/- as a lumpsum entry??
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Prashanth

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Prashanth (Expert)
27 September 2012 Yes,but

1)If it is paid to different parties below 20000/- each

or

2)To same party on different dates.

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