Staff incentive
This query is : Resolved
Suman Kumar Roy
(Querist)
21 January 2019
Sir,
Can we paid the staff incentive by cash near about Rs. 25000/- , total staff is 17 nos.
This is a partnership firm.
Can we paid the staff incentive by cash near about Rs. 25000/- , total staff is 17 nos.
This is a partnership firm.
21 January 2019
NO, YOU CANT. ALLOWABLE EXPENDITURE IN A DAY IS RS. 10000 IN CASH. INCOME TAX DEPARTMENT IN THESE DAYS SENDING NOTICE TO THOSE ENTITIES WHOSE EXPENDITURE IN CASH IS EXCEED BY THRESHOLD LIMIT.
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