Certification Course on Practical Filing of Income Tax Returns
what all expenses we can meet through petty cash. can fuel charges to car pay from petty cash?
Yes, you can pay the fuel charges for car from your petty cash expenses, as petty cash expense is meant for meeting the day to day expenses of the organization.
Hi, mohammed asharaf,
The basic purpose of maintaning Patty cash book is to met daily tiny expenses. It not depends upon nature of expenses and size of expenses.
-Uday
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