We don't have a debit card and through chq, it's a lengthy process to take cash especially in this tym. if we deposit cash in an employee account who manages daily cash activities is this wrong?
Depositing cash in employee account could create an issue for the employee if he isn't filing in the return and/or the cash deposit per annum is more than 10 lakhs. Advisable to do a bank transfer and let the employee withdraw through ATM whenever he estimates probable payments in the subsequent few days.