Advance salary to staff

Tax queries 560 views 2 replies

Dear Sir/Madum

 

I want to know that

How much amount paid to staff as a advance in cash , if there is a limit of Rs.20000/- or not

 

Bhavna

Replies (2)

limit is applicable.. rs. 20000/- in cash ..pay from chq.........

Yes, 20k limits apply, it is good practise to pay by cheque irrespective of salary.


CCI Pro

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