What is maximum limit of cash payment per day by a company?

Answers were Sorted based on User's Feedback



What is maximum limit of cash payment per day by a company?..

Answer / aditya nath mishra

After ammendment in sec 40A A Company Can Pay in cash Rs.
35000/= in a day to a person

Is This Answer Correct ?    13 Yes 39 No

What is maximum limit of cash payment per day by a company?..

Answer / aravind

To pay 29999

Is This Answer Correct ?    11 Yes 50 No

Post New Answer

More Accounting AllOther Interview Questions

I want to become CFA so kindly provide me all information regarding this like fees structure,colleges in mumbai,duration etc.

0 Answers  


fresher how to attend the interview. what to know?

2 Answers  


FIND OUT wht is the price of 1kg rice , if total production of rice 15MT @35000/-(metric tunns)it includs vat 4%,excise tax 10%,fright 3000/-.

2 Answers  


can a bank po work in any type of bank such as idbi bank,hdfc,hsbc please tell me

1 Answers   Idbi Bank,


What is the meaning of Contingent Liability? Where is it shown in the Balance Sheet?

5 Answers   Thomson,






What is the procedure to become charted accountant in India now. Please answer this is urgent

0 Answers  


What are the stages involved while preparing business blue print with examples?

0 Answers  


What is Contingent Liabilities?

3 Answers  


what is debenture ?

2 Answers   Capital IQ, Genpact,


what is GAAP?

9 Answers  


to attend interview for real estate company accounts

0 Answers  


Who are Debtors & Creditors?

28 Answers   TCS,


Categories