Bonus paid to few employees more than Rs, 10,000 in Diwali
This query is : Resolved
17 November 2024
Bonus paid to few employees in cash more than Rs. 10,000 in Diwali .
How to make entry in cash , AS per section 40A says that more than 10,000 can not be paid in cash,
How to make entry in cash , AS per section 40A says that more than 10,000 can not be paid in cash,
17 November 2024
You may make book entries as usual, but don't expect that the same will be allowed as expense by auditor and IT officer.
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
- SEC 54 OF IT ACT
- Is Aadhar PAN linking required for opening bank account?
- Where to show the RCM on Rent paid to unregistered landlord
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Form 26QB for TDS on property
- Partnership Business Can start India (two partners one is Indian and OCI both are wife and Husband)
- Amendment of September 2021 Invoice
- BLOCKED-INELIGIBLE GST CREDIT
- GST Annual Returns filing due date
- Residential status for filling income tax returns in India
- Capital gain consideration
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
- Regarding einvoice taken on nil rated sales
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
