cash salary limit in income tax
10000 per day is it right
if yes than month salary in cash can be
Rs. 20000 +
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Cash salary
Replies (3)
Quick Summary
No.....
You can not
You can not
Frist check whether sec 40A(3)is attracted or not after that again check whether the transaction is covered under rule 6DD
if both the condition fulfilled then you can make it
otherwise not
but both the condition must be filled
if both the condition fulfilled then you can make it
otherwise not
but both the condition must be filled
No, you can not pay Salary in cash more than 10000 in single transaction
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