Cash paid in excess of 10000

312 views
User Avatar

5 Points Posted on 02 January 2020

Cash paid to an individual in excess of 10000 for tour advance in connection to business purpose will be disallowed?? 

0 Reply Share Follow
On 02 January 2020 at 14:30 Report
Replies (3)
Quick Summary
This discussion clarifies that cash payments exceeding £10,000 for tour advances related to business purposes are generally disallowed. The rules remain consistent regardless of how the expense is categorised. For tour-related expenses, the general limit is £50,000. It's advised to consult with professionals or advisors if you have further doubts.

User Avatar

17269 Points Posted on 02 January 2020
Again and again you are raising post by changing expense head. Same rules as in earlier post apply. Avoid such posts.

Third time asking... why
Reply
On 02 January 2020 at 14:52
User Avatar

"Do the Right Thing...!!!"
128157 Points Posted on 02 January 2020
No.... If paid advance.

If You are not satisfied with CCI members and CERTIFIED PROFESSIONALS then ask the query in CCI multiple times and Also consult Your nearest consultants or Your company/Firm's advisor...
Reply
On 02 January 2020 at 15:13
User Avatar

Studwnt
1141 Points Posted on 25 January 2020
For tour limit is 50 k
Reply
On 25 January 2020 at 21:01

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. TDS Code for Salary Payment to Non-Resident Intern
  2. TDS on property
  3. Company data for software
  4. Car purchase to be eligible for ITC
  5. GST Refund on payment to builder
  6. TDS u/s 194Q on electricity supply by DHBVN etc.
  7. Subject: Can I Apply for Fresh GST Registration on
  8. Additional place in GST RC
  9. Company 3 months old, INC-20A not filed, all 3 of
  10. How do I choose the Best GST Lawyers in New Delhi

More recent discussions | Post

Related Topics :

Loading