RS.20000/- AS BEARER CHEQUE
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 July 2011
FOR PURCHASE OF FURNITURE IN THE OFFICE,CAN COMPANY ISSUE BEARER CHEQUE OF MORE THAN OF RS.20,000/- IN THE NAME OF INDIVIDUAL?
04 July 2011
Yes, even Cash payment can be done,
It will not be disallowed, Depreciation can be claimed on it,
It will not be disallowed, Depreciation can be claimed on it,
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