18 November 2019
Restriction on cash payment of Rs.10,000/- per day is only one person or against one person bill. If payment is made towards wages for more than one person for Rs.10,000/- it will be allowed provided the following to be attached to substantiate the payment . 1. List showing serial no , name of the person and amount to be prepared. 2. The receiver signature to be obtained against that person and revenue stamp to be affixed if the payment is Rs.5000/- or more. 3. The heading should be on the list like wages paid from... to ... on ...
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