Question

Q77 Stationery shown in receipt and payment as an
were 18100 and * 18355 respectively. If the wing
Ops: A. O*255
B. O 1495
C. *3245​

Answer 1

Answer:

Cash transactions are to be resorted only for petty expenses and when / where banking facilities are not available. As per Income Tax Rules, no claim exceeding Rs.20,000/ should be settled through cash payments.

Step-by-step explanation:

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