I AM CURRENTLY AUDITING AN AUTOMOBILE COMPANY, AND HERE I HAVE FOUND AN ADVANCE PAYMENT IN CASH OF RS. 100000 AS TOUR ADVANCE, GIVEN TO THE STAFF. THE MONEY HAS BEEN GIVEN FOR THEIR VISIT TO JIM CORBETT NATIONAL PARK.
SO MY QUESTION WAS WILL IT BE DISALLOWED AS IT EXCEEDS RS. 10000 AND IT IS AN NON OFFICIAL EXPENDITURE?
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