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Can company sale their product in cash

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 October 2015 Can Company sale product in Cash.
One of our clients has got order to sell product, but the customer is not agreeing to pay via cheque/ DD. He is insisting on paying in cash. Company is engaged in trading activity. It is not manufacturing.
Transaction value is more than 10 lakhs.
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20 October 2015 no problem in recieving cash of Rs 10 lac in sale transaction.

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