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Direct cash payment

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(Querist)
26 September 2013 dear sir,
may i know what is the direct cash payment limit for a company to pay transport charges?
can a company pay transport charges payment of more than 10000 directly in cash?
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Mohan Babu.L

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Mohan Babu.L (Expert)
26 September 2013 Hi Kumar,
We can pay any amount below Rs 20,000 by cash. If you want to pay any amount above Rs 20,000/- it has to be made either by cheque or crossed DD.

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