Cash for a day to spent expenses of a company
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 June 2016
hi,
I would like to know about that how much cash we can spend in a day for company expenses according to balance sheet.
I would like to know about that how much cash we can spend in a day for company expenses according to balance sheet.
30 June 2016
for that you cannot make payment for exp. to any person exceeds Rs. 20000/- in day.
otherwise exp. will be disallowed. but you can buy fixed assets in cash.
otherwise exp. will be disallowed. but you can buy fixed assets in cash.
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