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Salary cash
we have running partnership firm,can we paid cash 30000 salary to workers.
Replies (6)
Quick Summary
Yes. Rs.30000 paid cash to workers , there is no issue.
No . Cash can't be paid . Transfer to bank account of any one worker and let them distribute
All labour's in remote places does not hv bank account you cannot force a weal poor labour to educate to enforce country policy. policy is for all I do understand but not at the cost of everything. For us living in cities there is no harm. we receive salary I bank account or any firm of remuneration.
Check the cash payment limit as per income tax
@ Tarun Shah,
For Salary and Wages you can give.
But, Better to avoid such practices...
For Salary and Wages you can give.
But, Better to avoid such practices...
I know the cash payment limit. It's AS per sec 40(A) (3) AND SEC 269 ST
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