Cash payment exceeds 20000 rs
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 December 2012
sir,
our client has paid salaries to employees rs 69094 .he said that he has paid to many employees. but he wrote entire 64094 in single cash voucher.my doubt is can he write in a single voucher amount exceeding 20000 rs and is it allowable if he has paid to many employees break up of 69094 rs.he also said that none of the employees salary exceeds 20000 individually.please clarify my doubt..
our client has paid salaries to employees rs 69094 .he said that he has paid to many employees. but he wrote entire 64094 in single cash voucher.my doubt is can he write in a single voucher amount exceeding 20000 rs and is it allowable if he has paid to many employees break up of 69094 rs.he also said that none of the employees salary exceeds 20000 individually.please clarify my doubt..
13 December 2012
Yes it is allowable if it is paid to more than one person and does not exceed rs. 20000...
Voucher should b made seperate....
Voucher should b made seperate....
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