CASH EXPENSES FOR THE EXPENSES DUE
This query is : Resolved
Quick Summary
06 April 2024
Can we show payment in cash (below 10000/-) for the expenses booked as due in the current year in next financial year. If we do so, Does this make the expenses disallowed?
06 April 2024
no disallowance in this case. only where the cash payment exceeds Rs 10000 in a day, the disallowance kicks in.
07 April 2024
Thank you very much sir
07 April 2024
you are welcome Shalini.
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