cash receipts & payments

This query is : Resolved

SARDAR RASHEED (Querist)
Follow

09 February 2011 my query is how much cash payment\receipt can be made per day\year.

Kindly advise.

My name is sardar rasheed
s4rasheed@gmail.com

Kumar Babu.G (Expert)
Follow

09 February 2011 As per Sec 40A(3) cash payment to a single person on a single day should n't exceed Rs.20000/-

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Unanswered Queries

view all classess