If rs 25000 is given as imprest by bank. employee submits bill of cash payment of Rs.22000 , which he has paid
in cash. Is this payment allowed?
1 Replies
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 18 December 2010
bank entries are out of preview of 20000 limit, also the payment to employees by way of wages or remunaration is not covered.
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