Can a employee of a company carry cash below 10 lakhs for depositing in company's bank account during state election.
What are the necessary documents employee should carry along
RadheyShyam Traders (17 Points)
28 January 2025Can a employee of a company carry cash below 10 lakhs for depositing in company's bank account during state election.
What are the necessary documents employee should carry along
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(6199 Points)
Replied 29 January 2025
During state elections, the rules for carrying cash are a bit more stringent.
The employee should be able to provide a valid explanation for carrying the cash -
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961