26 August 2020
SIR We are paying cash advance to our Managers and they are doing the expenses of Company. Here, where the cash limit of Rs.10,000/- per day will be applicable whether at the time of payment made from company to managers OR from Managers to Parties? guide me plz thanks in adv
26 August 2020
At the time of payment made from company to managers 2 lacs limit is applicable and from Managers to Parties 10,000 limit is applicable.
CAclubindia
