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Cash deposit in vendor account

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

01 June 2018 Dear Experts,
In form of purchase if I deposit cash exceeding 10000 in vendor account. Whether the said transaction will be disallowed,

Thanks
ASAP

Expert : Anonymous

Expert : Anonymous (Expert)

01 June 2018 Yes, Cash payment exceeding 10000 is disallowed

Querist : Anonymous

Querist : Anonymous (Querist)

01 June 2018 Sir in this case I have deposit cash in vendor account not given cash in vendor hand

Ashiwini Ballodia

Ashiwini Ballodia (Expert)
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01 June 2018 So what, cash payment done na, so disallowed

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