Cash Payment More than Rs. 20000
This query is : Resolved
07 October 2010
Hi,
Kindly suggest me can we made Cash payment More than Rs. 20000 for Freight on Raw Material.
B) For Cash Purchase of Raw Material,Capital Items???
Thanks
Ravi Kumar Sharma
Kindly suggest me can we made Cash payment More than Rs. 20000 for Freight on Raw Material.
B) For Cash Purchase of Raw Material,Capital Items???
Thanks
Ravi Kumar Sharma
07 October 2010
no. only govt / tax payment to be made.
07 October 2010
Frieght is not allowed as expenditure if its is paid in cash if the payment is above Rs. 20000
For the purchase of Capital Assets/items this section is not applicable.
For the purchase of Capital Assets/items this section is not applicable.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
