Advance paid to employee for hiring trucks and its treatmen

This query is : Resolved 

29 January 2014 The company is logistics company. It has work at different locations for transportation. If Company gives money to Employees for hiring Transporters transfers through NEFT and Employee hires Transporters i.e. Truck in pays in cash.Cash is over 50000,100000 or as the case may be..At the time of payment , staff advance is debited and when bills are received expenses are booked.Now my question company is not paying cash directly to transporters.transporters. Everytime new truck is hired

Please confirm will the amount be disallowed.

30 January 2014 You may need to show records and prove the genuineness of the same.


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