Payment of Creditors

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Randheer Kumar (Querist)
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13 December 2016 Is it compulsary to Payment of last F.Y. Creditors should be through cheque.. or we can pay that in cash also..

Sandeep Dharar

Sandeep Dharar (Expert)
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13 December 2016 It is always better to pay other than cash. If the amount is less than 20,000/- then u can pay in cash(if there is no option left to pay other than that).

Randheer Kumar

Randheer Kumar (Querist)
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13 December 2016 Just assume If bill is of ₹ 1,00,000/-
Can we pay in cash on 5 different days.

If bill is pending of previous f.y.

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Sandeep Dharar

Sandeep Dharar (Expert)
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13 December 2016 I told u earlier too, that its always better to pay by bank. But if there is no option left then pay by cash. U can pay it in 5 or 6 times, below 20K in a day.

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Randheer Kumar

Randheer Kumar (Querist)
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13 December 2016 ok thanx Sandeep ji..

Sandeep Dharar

Sandeep Dharar (Expert)
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13 December 2016 U r welcome, if u like my reply then u can show ur appreciation by hitting the like. button

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