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salary payment in cash
can we pay more than 10000 salary in cash per person in a month
Replies (3)
It is not mandatory that the salary payment must be through cheques. But under section 40A(3), an expenditure of more than Rs 20,000 by cash per day is not allowed for the payer. So, nobody should pay salary in the form of cash. The amount can be included in Form 16
thank you
not allowed any expenses cash more than 10000
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