Cash received from managing director
This query is : Resolved
14 June 2012
Dear sir,
Can a company received cash from his managing director , if yes what will show in account , as a loan or other
Dear sir,
Can a company received cash from his managing director , if yes what will show in account , as a loan or other
14 June 2012
Section 269SS of the Income Tax Act prohibits accepting loans in cash in excess of Rs. 20,000.
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