Dear Sir/Madum
I want to know that
How much amount paid to staff as a advance in cash , if there is a limit of Rs.20000/- or not
Bhavna
Bhavna Rathod (Accountant) (35 Points)
12 September 2012Dear Sir/Madum
I want to know that
How much amount paid to staff as a advance in cash , if there is a limit of Rs.20000/- or not
Bhavna
Vikky Vasvani
(Executive -Accounts & Finance)
(321 Points)
Replied 12 September 2012
limit is applicable.. rs. 20000/- in cash ..pay from chq.........
ramakrishna
(AM - Finance)
(115 Points)
Replied 12 September 2012
Yes, 20k limits apply, it is good practise to pay by cheque irrespective of salary.
CAclubindia
