Dear Sir
in books of account as on 31 March 2021 part time accountant salary is payable of Rs.60000/- He is not having bank account can we pay 60000/- in cash in single day or 10000/- in each 6 days. or Can we pay non account payee cheque he will withdraw Cash from bank.Please advise
Whether payment is for a single bill or more? If it is for one invoice even if you pay less than 10000 for different date it will be disallow.
CAclubindia
