Bonus paid to few employees more than Rs, 10,000 in Diwali
This query is : Resolved
17 November 2024
Bonus paid to few employees in cash more than Rs. 10,000 in Diwali .
How to make entry in cash , AS per section 40A says that more than 10,000 can not be paid in cash,
How to make entry in cash , AS per section 40A says that more than 10,000 can not be paid in cash,
Dhirajlal Rambhia
(Expert)
17 November 2024
You may make book entries as usual, but don't expect that the same will be allowed as expense by auditor and IT officer.
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