Ceiling limit for director's cash withdraw in a day
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 August 2014
Dear All,
I want to know How much amount can A Director withdraw from his/her company by cash & through Cheque in a single day.......How much amount can a company pay in Cash in a day.
I want to know How much amount can A Director withdraw from his/her company by cash & through Cheque in a single day.......How much amount can a company pay in Cash in a day.
12 August 2014
as defined in articles of association of the co
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 August 2014
As I was told company can withdraw only Rs:- 20000/- per day in Cash, but no limit for cheque......in case of payment company can pay only Rs:- 20000/- in cash....Isn't ??????
12 August 2014
that is cos of sec 40A (3) attracting disallowance for cash withdrawal thats y
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