Sir,
Employee salary is Rs.16000/- Per month From April to January Rs.160000/_ we have Paid Rs.100000/_ in cash Rs.10000/- In each month from April to January. Rs.25000/- we have paid via Google pay.so can we pay balance Rs.35000 By Cash it is allowed.
4 Replies
CA Ankith Jain
(Chartered Accountant)
(973 Points)
Replied 22 February 2022
You can pay, but you not be able to claim deduction under Income tax. As per Income tax, limit is Rs.10,000. So its better if you can pay balance via gpay itself.
Eswar Reddy S
(CFO- at NHTF)
(58275 Points)
Replied 23 February 2022
Stick on to online payments & avoid cash payments
Sandeep Jain
(Pivate)
(1459 Points)
Replied 23 February 2022
Sir,
Can employee Claim deduction Of Rs..50000/-
Can employee Claim deduction Of Rs..50000/-
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