Professional charges rs 30,000 paid in cash
This query is : Resolved
29 June 2019
We have to pay Rs 30,000 to some professional on account of professional charges for the Ay 19-20 ( Year ending March 19 ). Can I pay in cash that much amount at one time ? I have been advised to pay in 6 installments @ Rs 5000 each. Can I do sir like this ?
Guest
Guest
(Expert)
29 June 2019
Don't pay more than 10,000 in a day to one person.
30 June 2019
u can pay directly 30000rs if u firm not covered under audit
01 July 2019
Shrikant sir regards ours is a pvt ltd company and the company is under tax audit. How to pay in cash Rs 30,000 some one has advised me to pay in six installment Rs 5,000 each. Will it do ?
03 July 2019
Some body suggested u rs 5000 one possible reason is to get gst exemption of rs 5000 a day
As my opinion as u fall under audit so u can pay rs 10000 cash a day
As my opinion as u fall under audit so u can pay rs 10000 cash a day
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