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Payment in cash

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(Querist)
08 December 2015 WHAT THE LIMIT OF CASH PAYMENT IF I WANT TO PAY THE SAME PERSON YEARLY.

THE DAILY LIMIT IS NOT EXCEEDING RS.20000/-. WHAT IS ANNUAL LIMIT.
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CA CS Jainam Shah

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CA CS Jainam Shah (Expert)
08 December 2015 There is no annual limit. There is only daily limit of Rs. 20,000/-

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