cash reciever signature on cash payment voucher
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 November 2010
suppose company accountant give cash to his peon for buying stationery and postage exps. now there is no bill for supporting cash voucher. so peon can sign the cash payment voucher for this exps as a money reciever. in auditing ca can raise the query for this issue i.e. peon is not reciver of money then why has he signed the cash voucher as money reciever
28 November 2010
You will have to provide the as many actual bills as you may for the expenses whose bills are generally available.
For example if you are purchasing stationery then the you can ask for a bill & on the other hand if you are making payment for taxi or auto then the taxi or auto driver won't give you any bill.
Hence if the acutal bills are available then the signature of peon is not necessary. However if the same are not availabel then the signature of the peon has to be taken.
For example if you are purchasing stationery then the you can ask for a bill & on the other hand if you are making payment for taxi or auto then the taxi or auto driver won't give you any bill.
Hence if the acutal bills are available then the signature of peon is not necessary. However if the same are not availabel then the signature of the peon has to be taken.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- Form 144 TDS Return Validation Error – Mandatory Fields
- TDS- 2026-27 Q1 Correction
- Capital gains in IT returns
- LLP audit and disclosure
- How do you manage client document collection and follow-ups in your CA/CS practice?
- Advances to related party
- GST ITC as per notification 12/2023- central tax
- Urd purchase entry in tally prime
- Form 144 TDS Return Validation error
- Ito add credit side of bank
- Employee secondment
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
