Goods purchase
This query is : Resolved
09 August 2019
Sir
We have purchased goods from Supplier for Rs.16660/-
Can we pay payment via Cash Rs.16660/- in a single day.
We have purchased goods from Supplier for Rs.16660/-
Can we pay payment via Cash Rs.16660/- in a single day.
09 August 2019
You cannot pay more than Rs.10000/- in cash as per Income Tax Act. Expenditure shall be disallowed.
12 August 2019
Sir, its goods payment not expenditure is this allowable
12 August 2019
Please note that it is considered as purchase expenditure.
12 August 2019
Thank you very much Sir
to clear everything
to clear everything
Message likes :
1 times
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
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- GST ON EXPORT COMMISSION
- Import license renewal
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- 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 einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
