Regarding cash expenses


This query is : Resolved 

Quick Summary
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.

31 January 2022 Dear Experts,

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

31 January 2022 There is no limit fixed on monthly expenditure.
The limit is as per each expenditure, which should not exceed Rs. 10K.

31 January 2022 Can I prepare cash vouchers below 10K wighout bill.

31 January 2022 Yes for services, it is allowed.

31 January 2022 What kind services will come , can you please explain.

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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