Salary cash
Tarun Shah (264 Points)
23 September 2023
we have running partnership firm,can we paid cash 30000 salary to workers.
6 Replies
sabyasachi mukherjee
(27771 Points)
Replied 23 September 2023
Yes. Rs.30000 paid cash to workers , there is no issue.
Eswar Reddy S
(CFO- at NHTF)
(58275 Points)
Replied 24 September 2023
No . Cash can't be paid . Transfer to bank account of any one worker and let them distribute
sabyasachi mukherjee
(27771 Points)
Replied 24 September 2023
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.
Eswar Reddy S
(CFO- at NHTF)
(58275 Points)
Replied 24 September 2023
Check the cash payment limit as per income tax
RAJA P M
("Do the Right Thing...!!!")
(128106 Points)
Replied 24 September 2023
@ 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...
sabyasachi mukherjee
(27771 Points)
Replied 25 September 2023
I know the cash payment limit. It's AS per sec 40(A) (3) AND SEC 269 ST
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