i hav a purchase of rs 100000
can i make payment of this one lakh
by 10000 cash in ten days
3 Replies
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 12 May 2018
Yes you can but you also required separate invoices for amt upto 10000
rama krishnan
(12239 Points)
Replied 13 May 2018
no separate invoices required... but make sure that payment in a day doesn't exceeds 10000 rupees
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 13 May 2018
Yes agree with rama krishnan, no need of separate invoice but maximum cash payment of Rs.10000/- made by yourself.
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