Director Suspense
This query is : Resolved
25 November 2021
Sir / Mam
In a Pvt Ltd co, there is any limit to a director for maintaining his suspense account?
please reply
thanks in adv
In a Pvt Ltd co, there is any limit to a director for maintaining his suspense account?
please reply
thanks in adv
25 November 2021
What are you referring to as 'Suspense account'?
Are you talking about the imprest account?
Are you talking about the imprest account?
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25 November 2021
Yes sir regarding Imprest Account...
25 November 2021
There is no limit to maintaining imprest balance.
Just follow payment limits in cash given under Income Tax law, e.g., 10,000 of expense to a person in a day.
Just follow payment limits in cash given under Income Tax law, e.g., 10,000 of expense to a person in a day.
26 November 2021
Thank You so much sir
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