Cash receipt >20,000
This query is : Resolved
20 November 2011
Can a co-operative society receive contribution from its members in cash exceeding Rs.20,000?
21 November 2011
1. Receiving the Cash is no problem.
2. It is against Contribution,not become a part of Revenue/Expenses.
Regards
K.L.Paliwal
2. It is against Contribution,not become a part of Revenue/Expenses.
Regards
K.L.Paliwal
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