Cash
Querist : Anonymous
U CASH IS THERE AND WHAT IS ACTUAL USE OF IT
Guest
Querist : Anonymous
Y IN PLACE OF U
what is Y cash.
Guest
these expenses cant b paid through bank on daily basis
so for every organisation cash is must dear
Querist : Anonymous
PEOPLE MISUSE IT AS U AWARE SO,AS A CA WE TRY TO DECREASE IT
Guest
because every ca knows all the ways how this mis use can be handled
income tax is also tight regarding cash dealings so mis use chances are very low these days
Querist : Anonymous
Guest
Querist : Anonymous
MR. X GIVE BLACK MONEY TO MR. Y AND TAKE CHEQUE FROM THEM . MR.X SHOW THAT AS A LOAN RECEIPT.AND THUS THEY CAN TEMPORARILY CONVERT THEIR BLACK MONEY INTO WHITE.
THEN THEY AGAIN GIVE THEM A CHEQUE AS A REPAYMENT OF LOAN AND RECEIVE CASH WHICH CONVERTS WHITE TO BLACK AGAIN.
Querist : Anonymous
PLEASE CLARIFY CLEARLY
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