Rayapudi Hanisha Shetty 13 November 2018
I would like to know that is there any amendment came regarding the cash limit for the payment to the transport operators, if so what is he limit??, If not what is the limit?
Jaisika Kukreja 13 November 2018
No , there is no amendment . And payment in excess of INR 20000 otherwise by account payee cheque ,demand draft or ECS is not allowed.
SOWJANYA NALLURI (Article Assistant) 13 November 2018
No there is an amendment for cash limit 10,000
Uday Rathi 13 November 2018
In case of transport operators, payment in excess of 35,000 in a Day other than by account payee cheque, demand draft would be disallowed.
In any other case, payment in excess of 10,000 in a day will b disallowdd
Jaisika Kukreja 13 November 2018
OK ..Is this amendment applicable to advertisement expenditure also ??
Jaisika Kukreja 13 November 2018
BT in CS study mat. (new syllabus) advertisement expenditure upto 20000 is allowed (given)
rama krishnan 13 November 2018
no except transporters for the rest of the payments the limit is 10000
Nitesh bind (Student CA Final ) 14 November 2018
For any expenses payment (including Advertisement exp) in cash max allowed Upto Rs. 10000/35000 (for transporter).
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