Cash payment exceeding 10000/- to sundry creditors
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 April 2017
What is the effect of CASH payment exceeding Rs.10000/- to sundry creditors for purchases?
05 April 2017
That purchase with be disallowed (Means no deduction will be available for those purchases) while calculating profits.
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