cash paid query

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sir cash m more than 10000 se jyada ka paid ho jaye to uska kese voucher alag bnayenge yaani alag date ka 2 voucher bnayenge to unka supporting kese arrange hoga
Replies (3)

It is Tax Avoidance illegal in Income Tax Law

Your activity results in avoidance of tax. However payment of less than Rs.10000 can be made to two different person 

Remember cash paid should not exceed 2Lakh neither Penalty of section 269ST may attract which will make you cry.

Because penalty amoun here is 100% of cash payment made.


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