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Cash payment above 20000

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 September 2014 My party is purchasing goods in cash which are exceeding 20000 as seller is not accepting payments by any other mode.
how should i carry audit and reporting.
any re;axation in rule 6dd if seller is not accepting or any other remedy

plz guide
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
09 September 2014 Only remedy. Make Break payment of amount not exceeding Rs 20000/- in a day. Then again make payment on next day.

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