intrest
This query is : Resolved
ravisaikumar
(Querist)
24 June 2010
deposit accepted by a company can pay interest accrued on it in cash ?
if amount is Rs 4600 per month.the assess is a sr.citizen who filed form 15g with the co.,
if amount is Rs 4600 per month.the assess is a sr.citizen who filed form 15g with the co.,
Aditya Maheshwari
(Expert)
24 June 2010
Since Amount is less than Rs. 20,000/- it can be paid in cash.
However do take a receipt for payment of the same each month for your reference.
However do take a receipt for payment of the same each month for your reference.
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