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Minimum amount of exp for which bill is needed

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(Querist)
14 June 2010 Dear All,

Can you please tell me what is the minimum amount of expense for which a bill is mandatory as per income tax law or as per any other law. Please quote the relevant section/ rule.

Thanks

Prince George
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Rasesh

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Rasesh (Expert)
14 June 2010 To the best of my knowledge, there is no such minimum amount.
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CA Sanat Pyne

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CA Sanat Pyne (Expert)
14 June 2010 no such min limit .
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G.Ramesh

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G.Ramesh (Expert)
14 June 2010 There is no limit for bills collection...

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