income tax Payment more than Rs.20000/-

This query is : Resolved 

25 March 2010 we are paying our Director Rs.100,000/- in a day in cash.
for the purpose of income tax we can prepare payment vouchers of up to Rs.20000/-
Please advise can we prepare more than one voucher in one day of Rs.20000/- of below Rs.20000/-?

25 March 2010 Not to the same person.

It is beyond the purview of the query, however, i recommend that issue a cheque or make vouchers in the name of different persons.

26 March 2010 Agree with Rasesh

26 March 2010 agree with expert

26 March 2010 Agreed

28 March 2010 agreed


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details