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cash expense for local conveyance
No bills are issued for the same. What documentary evidence can be maintained for the same?
Replies (6)
Documentary evidence is very much necessary for Audit Purpose .
These types of expenses will be maintain as cash vouchers (Self Made).
Also You have to take signature of cash receiver on voucher ,that such & such amount has been received on so so date for local conveyance .
is revenue stamp required as well?
As far as my knowledge , Revenue Stamp is required if Payment is more than 5000/- .
please confirm with others also .
I agree with Mr Prasad
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