Salary by Cash allowed
Naveen Kumar (729 Points)
11 February 2022employee salary is Rs 16000/- Can we pay via Cash 10000/- in one day and 6000/- in second day it's allowed
Naveen Kumar (729 Points)
11 February 2022
Yugandhar
(CA)
(124 Points)
Replied 12 February 2022
Yes. It is allowed. The 10k limit is per single person per day.
CA Puja Sharma
(Chartered Accountant)
(5010 Points)
Replied 12 February 2022
Yes, it is allowed becaus eyou are making the cash payments on different dates.