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CASH EXPENSES FOR THE EXPENSES DUE

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(Querist)
06 April 2024 Can we show payment in cash (below 10000/-) for the expenses booked as due in the current year in next financial year. If we do so, Does this make the expenses disallowed?
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
06 April 2024 no disallowance in this case. only where the cash payment exceeds Rs 10000 in a day, the disallowance kicks in.
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Shalini RN

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Shalini RN (Querist)
07 April 2024 Thank you very much sir
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
07 April 2024 you are welcome Shalini.

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