Cash deposit in vendor account cash/credit


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
01 June 2018 Dear Experts,
I had purchased of 40300/- hence I have the 50300 cash in vendor account. For my whether it will be disallowed considering it in cash payment.

Thanks
Rajesh

01 June 2018 how did 40300 became 50300?

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
01 June 2018 Sorry?
50300 was mistakenly typed however the cash deposit in vendor is 40300. Pls guide accordingly

01 June 2018 any cash payment above 10000 is disallowed

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
01 June 2018 But in this case I have deposit in vendor account not given cash in vendor hand

01 June 2018 and how is it different from giving it in his hand. The focus is on you paying in cash and not on how the vendor received it.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
Featured 07 November 2026
Chartered Accountant

DPV & Associates

Chennai

CA

View Details
Company
12 November 2026
Auditor

Oz Taxation

Vijayawada

Graduate (Any)

View Details
Company
28 October 2026
Assistant Director/ Associate Director-Finance & Accounting

Krea University

Chennai

CA

View Details
Company
13 November 2026
Chartered Accountant - Fresher

Neeraj Bhagat & Co

New Delhi

CA

View Details
Company
ARTICLESHIP 14 November 2026
Articleship Assistant

B Thejas and Associates

Bengaluru

CA Foundation

View Details
Company
Featured 29 October 2026
Accounts Executive

Synergy Keystone

Chennai

B.Com

View Details
Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details
Company
Featured 07 November 2026
Paid Assisstant

DPV & Associates

Chennai

CA Inter

View Details