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Payment excess of 35000

This query is : Resolved 

03 December 2010 Dear Sir
i have to pay more than 100000 to the transporter. Am i pay 35000 in cash and remaining by cheque.

03 December 2010 If he is ready to accept cheque for balance then why not for full amount....

just a suggestion from my side.

04 December 2010 35000 are disallowed from expenses if you are paid in single day,so make entry in two days with different vouchers& yes required to deduct TDS


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