Salary paid cash
This query is : Resolved
T.T.VIJAYAPRAKASH
(Querist)
21 February 2019
MR. A. SALARY PAID TO MR.B RS.22,000/- IN CASH PER MONTH.
MR.A.SINGLE ENTRY IN ACCOUNTS BOOKS? ARE PARTLY PAYMENT, MONTHLY TWIS?
MR.A.SINGLE ENTRY IN ACCOUNTS BOOKS? ARE PARTLY PAYMENT, MONTHLY TWIS?
CA ANUBHAV
(Expert)
25 February 2019
single entry for such amount will not be allowed in income tax and you can pay twice but it seems impracticable that person is taking salary twice a month..
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