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Salary regarding

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743 Points Posted on 13 August 2021
5 employee we can pay salary on cash 10 thousand per member in the month
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On 13 August 2021 at 11:54 Report
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CMA
13117 Points Posted on 13 August 2021
Cash payments <10k per employee can be made.
92 Reply
On 13 August 2021 at 12:02
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150 Points Posted on 13 August 2021
Cash payment <10k per employee can be made shall be allowed as expenses, otherwise, expenses exceeds 10k shall be disallowed.
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On 13 August 2021 at 12:35
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Chartered Accountant
24588 Points Posted on 13 August 2021
Pay less than 10k in cash
129 Reply
On 13 August 2021 at 14:18
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Chartered Accountants
2015 Points Posted on 13 August 2021

as per income tax act 1961 section 40A (3) subject to rule 6DD Any payment 10,000 or below can be made in cash 

3 Reply
On 13 August 2021 at 16:00


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