Cash payment

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Milan

Milan (Querist)
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29 June 2013 Cash Proff required Any Cash Paid for outstanding like debit purchase & sales etc,, transation ?

Rupesh Jain

Rupesh Jain (Expert)
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29 June 2013 yes cash payment payment proof
cash voucher to be print the tak signature of cah receipent and if cash paid rs. 5000 or above revenue stamp of rs. 1 to be affixed

and Rs. 20000 or more you can not pay

CA.Vinita Gupta

CA.Vinita Gupta (Expert)
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29 June 2013 For purchase of goods cash payment can be made above 20000

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Ganeshbabu K

Ganeshbabu K (Expert)
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30 June 2013 yes..cash payment voucher is mandatory..

1)there should be signature of payee

2)signature of preparer and signature of authorized person who have competent authority to pay cash payments

Thanks & regards

Ganesh babu k