Whether disallowance of cash transaction will applicable if expenditure in a day more than 10000 and bill amount of that particular day more than 10000, but payment in cash in 2 days?
Suppose expense in a day of Rs 18000, bill amount 18000 but payment made in 2 days 10000 and next day 8000.
if paid in two days as mentioned in your query then this expenditure in cash is allowed
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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