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Cash deposit

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(Querist)
21 July 2013 Cash deposited directly by debtor Rs 2lakhs in account. Is this valid.
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CA Pooja Agarwal

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CA Pooja Agarwal (Expert)
22 July 2013 since it is payment through a bank account,it is valid
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CA UMESH DULAL

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CA UMESH DULAL (Expert)
22 July 2013 you should not have any problem as it is receipt. The debtor should have problem as his expenses will be disallowed
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jagadish hiremath

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jagadish hiremath (Expert)
22 July 2013 Cash direct deposit to your bank by trade debtor have no problem.
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