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Cash deposit in vendor account

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 June 2018 Dear Experts,
In form of purchase if I deposit cash exceeding 10000 in vendor account. Whether the said transaction will be disallowed,

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Expert : Anonymous

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Expert : Anonymous (Expert)
01 June 2018 Yes, Cash payment exceeding 10000 is disallowed
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Querist : Anonymous

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Querist : Anonymous (Querist)
01 June 2018 Sir in this case I have deposit cash in vendor account not given cash in vendor hand
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Ashiwini Ballodia

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Ashiwini Ballodia (Expert)
01 June 2018 So what, cash payment done na, so disallowed

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