Can a employee of a company carry cash below 10 lakhs for depositing in company's bank account during state election.
What are the necessary documents employee should carry along
RadheyShyam Traders (17 Points)
28 January 2025Can a employee of a company carry cash below 10 lakhs for depositing in company's bank account during state election.
What are the necessary documents employee should carry along
Rama chary Rachakonda
(Master in Accounts & high court Advocate email ID:ramachary64@gmail.com voice no:9989324294)
(7683 Points)
Replied 29 January 2025
During state elections, the rules for carrying cash are a bit more stringent.
The employee should be able to provide a valid explanation for carrying the cash -