Cash payment of rs. 20000.00

Gurwinder (Querist) 27 July 2016 This query is : Resolved
i am working in a auditable company,
can i show in my books payment of rs 20000.00 in cash against single bill,

or i have to show rs 19999.00

kindly help

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dr g balakrishnan (Expert) 27 July 2016
why better take against less than 10,000 that would not affect you u can make two bills or three bills

adv.bharat @ PUNE (Expert) 27 July 2016
contact ur CA.

Kumar Doab (Expert) 27 July 2016
Your own Accts Section or CA can advise on it.

Rajendra K Goyal (Expert) 28 July 2016
Commercial query, get professional advice.

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