Cash payment exeeding rs 20000
This query is : Resolved
15 September 2012
If a Person have two Proprietorship firms. so can he make payment of rs. 500000 to his second proprietorship firm from his first proprietorship firm.
15 September 2012
payment more than 20000 in cash not allowed either it for expenses or loans & advances.
15 September 2012
Such payment will be disallowed.
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