16 March 2011
Dear Experts, One of the subcontractor has raised a Job work bill for an amount of Rs 3,00,000 against our firm and we have deducted TDS on the said amount now my question is can we pay him in cash as per provisions applicable i.e a single payment below Rs 30,000 because we have huge cash balance in our books Give me reply as early as possible t is very urgent Thanks in advance
CAclubindia
