Daily Cash Payment Limit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 January 2011
Please tell me, what is daily cash payment limit by a company?????
is it for a single person or agreegate payment in a single day?????
is it for a single person or agreegate payment in a single day?????
24 January 2011
Limit is Maximum upto Rs. 20,000 and this is applicable as that any single person should not be paid more than Rs. 20,000 in a single day in aggregate against a single bill.
However, there are certain exceptions given under rule 6DD, please go through those exceptions also.
from 2010 if you can pay upto Rs. 35,000 to any transport company.
Regards!!!
Dinesh S. adhikari
However, there are certain exceptions given under rule 6DD, please go through those exceptions also.
from 2010 if you can pay upto Rs. 35,000 to any transport company.
Regards!!!
Dinesh S. adhikari
Guest
Guest
(Expert)
24 January 2011
I do agree
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