Cash limit for advance to employees


16 February 2022 What is the cash limit for advance to employees as per the income tax

16 February 2022 You can pay an advance upto Rs. 10,000 in cash to an employee at a time. Because if you will be adjusting the advance with the salary expenditure in future.

16 February 2022 If I pay 1,50,000/- pay advance by cash to employee, whether any impact on income tax for the balance amount 1,40,000/- even thou I have deducting by month from the salary expenditure.


16 February 2022 If I pay 1,50,000/- pay advance by cash to employee, whether any impact on income tax for the balance amount 1,40,000/- even thou I have deducting by month from the salary expenditure.


16 February 2022 Please give reply for my quiry

21 February 2022 entire 150,000/- will be disallowed



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