Cash Sales To unregistered dealer or consumer
This query is : Open
25 July 2017
Is there any limit for an invoice of sales made to unregistered dealer in cash.
Can u registered dealer sales be entered as cash sales if there is no info about the dealer/Consumer ?
25 July 2017
Max 10000/- cash invoice.
Also if dealer not provide GSTIN then you book such sale as cash sales.
25 July 2017
Can you specify under which section the limit is prescribed for the same
25 July 2017
Sec 40A of IT Act.............
25 July 2017
but Section 40A of Income-Tax Act, 1961 deals with Expenses or payments not deductible in certain circumstances but not sales right ?
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