09-11-2007, 05:59 PM
Kamraan Sahib,
You are right that banking channel method is complicated. but the open market option is not a legal method. so if the payment is more than Rs.10,000/- then the company can't claim it as addmissible expenses.
Please correct if there is anything wrong in my statement.
Best Wishes
Zia ur Rahman
You are right that banking channel method is complicated. but the open market option is not a legal method. so if the payment is more than Rs.10,000/- then the company can't claim it as addmissible expenses.
Please correct if there is anything wrong in my statement.
Best Wishes
Zia ur Rahman