Salary in educational trust

Can salary be paid in cash in Educational Trust(school, junior and degree college) to staff person (teaching and non teaching staff) 

 

 

 

 

Replies (5)
Quick Summary
This discussion explores whether educational trusts, including schools and colleges, can pay staff salaries in cash. While paying salaries via bank transfer is recommended for record-keeping, cash payments are permissible up to Rs. 10,000 according to the Income Tax Act 1961, provided a proper register is maintained.

But proper register should be maintained

Cash limit salary for the above mentioned  question

 

It's always better to pay Salary through Bank for long term record .
Yes upto Rs.10000 there is no hindrance in Income Tax Act 1961.
Upto 10000 rupees can be paid

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