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Categories >> Accounting >> Taxation


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we can cash slase above 20000? and if party pay the above 
20000 we can give the recipt.
 Question Submitted By :: Taxation
I also faced this Question!!     Answer Posted By  
# 1
Above Rs.20000 any transaction you have to motivate to
bank. You Should be give to Cash transaction receipt below
Rs.20000. you have give to some discount to the party.
above Rs.20000 cash Transaction will not accept to the
income Tax. You wil meet to Future inconveniant.
Is This Answer Correct ?    5 Yes 0 No
Mari Muthu

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For more Taxation Interview Questions Click Here 

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