What is maximum limit of cash payment per day by a company?
Answers were Sorted based on User's Feedback
Answer / ashish sakalley
Maximum cash payment by a company to others is Rs. 20,000/-
but if you pay cash to Govt department you pay more then
20,000/-.
Is This Answer Correct ? | 71 Yes | 5 No |
Answer / ansarul
If Company Pay to others Rs.20000/= and if Pay to transporter Rs.35000/=
Is This Answer Correct ? | 64 Yes | 4 No |
Answer / shailesh
to others it is 20000 & to transporter 35000.
Is This Answer Correct ? | 53 Yes | 3 No |
Answer / shailesh pandey
this amendment is for all of them whether they are company or non company,trust,partnership firm.
there are no limit of cash
if they purchase capital goods there are not limit cash
if they pay as expenses then individual to one party there is maximum rs 20,000 & transporter 35000.
Is This Answer Correct ? | 25 Yes | 6 No |
Answer / vishnu gaur
A transporter can pay maximum Rs. 35000 in a single day for his fuel & repair & maintenance expenses but others can make a payment of maximum Rs. 20000 in a single day.
Is This Answer Correct ? | 21 Yes | 7 No |
Answer / pradeep kumar
what if i pay 20000 to one person and 20000 to another persone belongs to different parties on the same day..
Is This Answer Correct ? | 3 Yes | 1 No |
Answer / srinivas
If Company Pay to others Rs.20000/= and if Pay to transporter Rs.35000/= But Some brokerage companies give to the agents above 20000
Is This Answer Correct ? | 6 Yes | 6 No |
Answer / balasubramanian.k
Maximum Cash distribution limited company per day
Is This Answer Correct ? | 3 Yes | 7 No |
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