Cash deposit and doing rtgs by cheque
This query is : Resolved
07 February 2024
If i am register in gst and i have only cash sale . In case if every time whenever i have to make to my supplier , i deposit cash same day and do rtgs of equivalent amount .but rtgs via cheque And this is repeatedly done .Is it a voilation of any income tax rule . I have shown cash bills in gst also .
07 February 2024
As per me no issues. But, keep regards for the cash transactions for future reference...
07 February 2024
More opinions by experts?
07 February 2024
No violation each cash sale should be less than 2 lacs.
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