Rs 10000 cash expense clarity
karan goel (Student CA Final ) (40 Points)
07 June 2017
CAN WE PAY RENT AND SALARY IN CASH MORE THAN RS 10000 OR NOT ?
2 Replies
Mopidevi Bharadwaja
(Article assisstant)
(167 Points)
Replied 07 June 2017
No you cannot pay cash expenses more than 10000 from FY 2017-18 .The cash payments above 10000 are disallowed as per new Finance Act
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