cash receipt of Rs20000 or more.
This query is : Resolved
12 August 2009
Dear sir
Is there any taxes on receipt of Rs20000 or more in cash in hands of a company.
Waiting for your kind help.
Thanks
Sachin
Is there any taxes on receipt of Rs20000 or more in cash in hands of a company.
Waiting for your kind help.
Thanks
Sachin
15 August 2009
There is no restriction on receipt.
Cash payment(expenditure) in excess of Rs. 20000.00 are disallowed.
Cash payment(expenditure) in excess of Rs. 20000.00 are disallowed.
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