Menu
Maximum Cash Limit
What is the maximum cash limit paid by the employer to the employee as salary?
Replies (1)
Section 40A(3) & 40A(3A) of the Income Tax Act, 1961:
The monetary limit on revenue expenditure in cash has been reduced to Rs. 10,000.
Recent Topics :
- Best Online Mock Test Series for CA Inter January
- COST OF IMPROVEMENT
- Pillows and Mattresses
- GST Applicability for Reg. / Un-Reg. Indian custom
- Amended GST Act & Rules
- FAST DS 2026 MAIL QUERY
- Does Anyone need CA Foundation books of May2026 at
- Last day for ITR-U for AY 2023-2024 (FY 2022-2023)
- Sale of shares in indian company by a non resident
- Difference in TIS
Related Topics :
CAclubindia
