About cash entry


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
25 July 2012 we made a cash entry of travelling expenses of rs.25000 in pvt ltd company.
so it is right or wrong and what should we do

25 July 2012 It depends:
If you are paying for petrol/ diesel against one combined bill of different dates where amount of per bill is less than Rs. 20K than allowed.
In other case- dis-allowed.

25 July 2012 Single cash entry of Traveling expenses will attract sec.40A(3) of Incometax act. subject to rule 6DD. unless the provided voucher has consolidated small vouchers less than Rs.20000 or expenses consolidated as different dates

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
26 July 2012 Respected Sir, Thanks a lot
thank u very much.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
21 August 2026
Finance Manager

Resollect Technologies Pvt Ltd

Mumbai

CA

View Details
Company
ARTICLESHIP 24 August 2026
Chartered Accountant Articles

Rohit KC Jain & Co

New Delhi

CA Inter

View Details
Company
12 August 2026
Deputy Manager - Finance

RoamPrime Technologies Private Limited

Bengaluru

CA

View Details
Company
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details
Company
ARTICLESHIP 17 August 2026
Article Assistant

Jain Ankit and Co

Gurgaon

CA Inter

View Details
Company
28 August 2026
Assistant Manager

NRS AND ASSOCIATES

Kozhikode

CA Inter

View Details
Company
11 August 2026
COMPLIANCE EXECUTIVE

YMW COMPLIANCE SERVICES LLP

Others

CA Final

View Details