After Gst - Any cash limit for Petty cash expenses..
There is lot of confusing someone saying maximum allowance. We can show cash expenses. So i just want to know that what is limit for monthly cash exp
Pls reply
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cash expenses limit
Replies (5)
No limit in GST but in income tax there is limit of 10000rs
For daily expenses or for. Monthly. Sir
daily expenses
i. e u can not make payment of more than 10000 in cash in a day
more than 10000 rs cash payments will not be available for deduction in income tax
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