Advance paid to employee for hiring trucks and its treatment

Akash (CA Final (2nd Group Pending))   (876 Points)

29 January 2014  

The company is logistics company. It has work at different locations for transportation. If Company gives money to Employees for hiring Transporters transfers through NEFT and Employee hires Transporters i.e. Truck in pays in cash.Cash is over 50000,100000 or as the case may be..Please confirm will the amount disallowed.