Can we reimburse expenses to employee through cash when amount of reimbursement is more than 10,000 in a single day.
Also the payment made by employee for expenses did not exceed 10,000 in cash in a day ??
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Sec 40A(3) Cash payment exceeding 10000
Replies (1)
no you can't. it shud be upto 10000only.it is immaterial how employee spend the money.
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