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Cash payment for wages / purchase and expense bills

Tax queries 761 views 3 replies

Dear Sir,

What is the current cash payment limit in company?

1) Weekly Labour Payment to 15 Labours Total Amount Rs.1,00,000/-.

2) Lorry Freight Charges Payment by Cash Rs.55,000/-

3) Wages to cleaning labour monthly Rs.12000 Total 10 Nos.

Thanking you,

Regards,

M.Shanmugasundaram

 

Replies (3)

each party for day cash shoud not pay more than 10000/-

sir can i receive cash 23000 from single debtors
yes there is no restriction


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