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
5 Replies
vishal
(na)
(175 Points)
Replied 04 January 2018
No limit in GST but in income tax there is limit of 10000rs
vishal
(na)
(175 Points)
Replied 04 January 2018
i. e u can not make payment of more than 10000 in cash in a day
shri HEGDE
(39 Points)
Replied 04 January 2018
more than 10000 rs cash payments will not be available for deduction in income tax
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