Cash Payment More than Rs. 20000
This query is : Resolved
Ravi Kumar
(Querist)
07 October 2010
Hi,
Kindly suggest me can we made Cash payment More than Rs. 20000 for Freight on Raw Material.
B) For Cash Purchase of Raw Material,Capital Items???
Thanks
Ravi Kumar Sharma
Kindly suggest me can we made Cash payment More than Rs. 20000 for Freight on Raw Material.
B) For Cash Purchase of Raw Material,Capital Items???
Thanks
Ravi Kumar Sharma
07 October 2010
no. only govt / tax payment to be made.
07 October 2010
Frieght is not allowed as expenditure if its is paid in cash if the payment is above Rs. 20000
For the purchase of Capital Assets/items this section is not applicable.
For the purchase of Capital Assets/items this section is not applicable.
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