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Cash payment limit

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(Querist)
05 November 2013 we received the payment in cheque from any customer in Real Estate. But now we want to refund all amount more than 10L in cash. i want to know that there is any limit for cash refund/payment to customer.
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CA Vijeta Verma

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CA Vijeta Verma (Expert)
05 November 2013 You can't pay more than 20000 cash/day in general & 35000cash/day to transporters
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G.Ramesh

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G.Ramesh (Expert)
05 November 2013 Agreed with CA Vijeta Verma
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