Save Rs 499 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

banner_ad

Cash transaction account head

Others 372 views 2 replies

Utpal roy

back office asst

254 Points Posted on 03 October 2023

Sir,
With reference to the above please advise we have given cash to a officer as a bribe, which account head we entry this transaction

Replies (2)

RAJA P M

"Do the Right Thing...!!!"

128152 Points Posted on 03 October 2023

Ohh God...

It's not legal...
So, It's not possible to account in books...

Also it's open forum, not good to discuss in .....

sabyasachi mukherjee

Profession Business

28207 Points Posted on 03 October 2023

Do not book as miscellaneous expenses or promotional expenses it's generally audited.
Better to show as office overhead over a period of few days depending upon the credibility.

CCI Pro

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register

Recent Topic

More recent discussions | Post

Related Topics

Latest Job Openings

View all

ARTICLESHIP 31 May 2026

Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details

ARTICLESHIP 23 May 2026

Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details

23 May 2026

Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details

Featured 27 May 2026

Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details

ARTICLESHIP 28 May 2026

Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details

04 June 2026

Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details

ARTICLESHIP 08 June 2026

Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details

29 May 2026

Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details