https://www.taxtmi.com/forum/issue?id=113475 The query asks whether monthly petty cash disbursements exceeding the lower cash ceiling constitute a violation when cash given on a particular day exceeded that ceiling, and how that lower ceiling differs from a separate higher cash limit. The reply indicates that the lower ceiling is assessed by reference to individual transactions, not by aggregate monthly totals. en-us Mon, 12 Mar 2018 17:16:35 +0530 Thu, 23 Jan 2025 15:55:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113475 The query asks whether monthly petty cash disbursements exceeding the lower cash ceiling constitute a violation when cash given on a particular day exceeded that ceiling, and how that lower ceiling differs from a separate higher cash limit. The reply indicates that the lower ceiling is assessed by reference to individual transactions, not by aggregate monthly totals. Discussion-Forum Companies Law Mon, 12 Mar 2018 17:16:35 +0530 https://www.taxtmi.com/forum/issue?id=113475