Hi.,
I am paying office expenses per month for tea cold drinks etc around Rs.7000/- , the service is provided by local tea vendor unregistered, as per daily expemption limit of rs. 5000/- i think, i need not pay anything on above expenses. Is it correct.
nair
Yes, this was my doubt, to avoid tax liability I have to make fortnightly (50% base)payment ! that's ok.Tks
CAclubindia
