Salary in cash and cheque
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 August 2018
I have employee in my proprietor ship firm whom We paid Salary Rs10000/ in cash for months april to july 2018.we have paid total 40000 in cash for 4 months from april 2018 to july 2018.We have paid cheque of Rs 60000 as salary from april to july 2018 in August 2018.Is there any violation of income tax laws.
14 August 2018
no. it is within the law...
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14 August 2018
No violance of law but do by cheque
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Querist : Anonymous
Querist :
Anonymous
(Querist)
15 August 2018
Did not have funds in bank but cash is in hand so paid in cash and remaining by cheque when available in bank.
15 August 2018
should not be an issue as suggested earlier.
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