R/sir
My querry is, if a firm( propriotersiph or partnership) purcahse good worth rs more than 2.00 lac( each bill les than 2.00 Lac) from a single suppler during the financial year 2017-18. Can firm make the payment in cash on various dates i.e less than 10000/- per day.
Thanks
No. Each bill is also considered.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
