Dear Sir,
in a proprietorship liable to tax audit. we have taken godown on rent.
please suggest
Can we pay 10000/-monthly rent in Cash. 2. Can we need to deduct TDS.
Naveen Kumar (629 Points)
01 May 2021
CA Altamush Zafar
(GST Consultant)
(15961 Points)
Replied 01 May 2021
CMA Poornima Madhava
(CMA)
(13112 Points)
Replied 01 May 2021
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 02 May 2021
Kunal Mittal
(FINANCE OFFICER)
(580 Points)
Replied 02 May 2021
yes you can pay Rs. 10k in one day and no need to deduct and deposit TDS below 240000 per annum.
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