Can we pay rupees more than 10000 or 20000 in cash towards staff in a single day it is acceptable as a deduction in profit and loss may I know this in a example for complete understand
Thank you
Menu
Regarding Cash Payment of Staff Salary
Replies (1)
If you pay salary to employee by cash more than 10,000/-, per month, this expns may be disallowed as business expenditure by the I T dept. So, don't pay salary in cash.
Recent Threads
- Can I claim benefit under 54F if I sell my equity
- Income tax refund 25/26
- Who is responcible to pay GST Liability (If Servi
- Excess Payment on RCM
- AOC4 auto population of previous year data
- Exports against INR PO payable by Domestic Company
- Which websites are best for government exam prepar
- TDS on maturity payment of LIC of india
- ITR2 Gold ETF short and long term
- Query under faceless assessment
Related Threads
CAclubindia
