we can cash slase above 20000? and if party pay the above
20000 we can give the recipt.
- 2 Answers
- 4677 Views
- I also Faced
- E-Mail Answers
Answer Posted / vikas sharma
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. but you have received 2 installment give cash receipt
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
How to calculate rental exemption if HRA is not given seperately and what will be the maximum allowability and under which Section of Income tax
if i have a educational loan on my name, can i show for tax exemption on current year income tax? Is it applicable for tax exemption (educational loan)
Is sales against H Form Either in Punjab or out of Punjab treated as Zero rated sales in vat 15 form in Window showing as Break up of Zero rated sales: Direct export out of country; Sales against H Forms Or it is treated as seprate
What is commercial tax? and what comes under commercial tax? What are the Provisions relating to it?
WCT charged on firm or on proprietor?
ie it possible to charge WHT and VAT on one trancaction? if yes,kindly explain the dynamics/working of both taxes
Our Company dedduct TDS on the collection charge and claim (rate diff claim, scheme claim, collection charge means , if any party take material directly form our store our company give them frieght charge and deduct tds@10.30%). my question in what category of this type of TDS decution ? is it payment to contractor or what ?
Who advance tax is the asset for company? What are the accounting entries of advance income tax
I raised a service tax invoice against a client on which i charged service tax and without receiving any sum from client a deposited service tax on good faith but now client refuses to pay sum . so please, tell me what should i do.
At what rate firms are required to pay tax on their income?
is a pvt ltd. comp. can give advance against salary to his director.
HOW MANY FORM IS USED VAT AND CST, GIVE THEIR DETAIL E.G WHICH FORM WHERE IS USED. THANKS IN ADVANCE
Making delivery challan is possiable between two branch of difference code
Our company refundable ST amount but we dont want to refund amt but i want to adjust that refund amount anywhere
What is permanent account number (pan)?
