cash payment limit in one day
This query is : Resolved
13 January 2010
if a company have to pay cash for purchase how many amount can payed at a time in day?
CA. VIKAS GUPTA
(Expert)
13 January 2010
Hi Nimit,
limit for cash payment for Rs.20000/- in a day irrespective of no. of times in which the same is paid in a day
limit for cash payment for Rs.20000/- in a day irrespective of no. of times in which the same is paid in a day
CMA Ramesh Krishnan
(Expert)
13 January 2010
maximum limit is Rs.20000/- per person
CA.Manish Jindal
(Expert)
14 January 2010
yes max. limit is rs 20000/- per day / per person
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