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Cash Payments salaries

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(Querist)
19 June 2020 Assess runs a private hospital.1.employees nos.4*20,000 =80,000/- per month 2. employees nos.4*18,000=72,000/- per month .

How to salaries paid producure cash mode for one month.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
19 June 2020 Pay salary once in 15 days salary in cash payment should not exceed 10,000.
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c.bakshi

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c.bakshi (Expert)
20 June 2020 YES, IF YOU PAY MORE THAN 10000 IN CASH IN A SINGLE DAY THEN THE AMOUNT WILL BE DISALLOWED AS PER INCOME TAX ACT. IT IS BETTER TO PAY SALARY IN INTERVAL, SO THAT IT COULD NOT REACHED THE LIMIT
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