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Regarding cash payment., Income Tax

Issue Id: - 111794
Dated: 18-4-2017
By:- Samik Chaudhuri

Regarding cash payment.

Contents

Sir

Our logistics company daily releases 4 to 5 truck for long destination.At the time of release the vehicles we have to make cash payments more than ₹ 10000/- in advance against the Lorry Challan. Now i would like to know what will be the consequence as we cross the threshold limit of ₹ 10000/?

With thanks

Samik Chaudhuri.

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