Regarding cash expenses

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There isn't a fixed monthly limit for cash expenses; instead, each individual expenditure should not exceed Rs. 10,000. Cash vouchers below this amount are permissible without a bill, particularly for services and routine business expenditures other than the purchase of goods, which should always be accompanied by a bill.

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(Querist)
31 January 2022 Dear Experts,

Please tell me , what is the monthly limit of cash expenses
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
31 January 2022 There is no limit fixed on monthly expenditure.
The limit is as per each expenditure, which should not exceed Rs. 10K.
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Daivshala Madnure

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Daivshala Madnure (Querist)
31 January 2022 Can I prepare cash vouchers below 10K wighout bill.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
31 January 2022 Yes for services, it is allowed.
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Daivshala Madnure

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Daivshala Madnure (Querist)
31 January 2022 What kind services will come , can you please explain.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
31 January 2022 As goods are purchased with bills, any thing expended other than goods, as routine business expenditure, would come under it.
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