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Cash payment to Director of a Private limited company

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(Querist)
15 February 2023 1.Can we pay in Cash to a Director of a private limited company ?

The salary is 10K Per month

2. Will that include any type of taxes ?

3. Do I need to show any invoice or Bill against that Cash payment?
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CA Altamush Zafar

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CA Altamush Zafar (Expert)
15 February 2023 Yes you can pay 10000 cash per month. No issues
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Mahima Rai

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Mahima Rai (Querist)
15 February 2023 How will I show that in the books of account? Should I attach a bill ?
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