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Disallow of expenses.
if we pay a bonus or overtime in cash to workers, is this allowed or disallowed.
Replies (10)
Quick Summary
If payment in cash exceeds 10000 rupees then it will be disallowed
It should be less than or equal to 10k in a day to a single person.
Ok, 10k counted on daily payment not annual.
Yes, for a single transaction to a single person in a day should not exceed 10k
Yes on daily payment
Bonus being a statutory obligation can be paid in cash.
Agree
Very well
Upto 10K in a day to a person is allowed.
Agree with my previous answer
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