Cash Transaction
This query is : Resolved
17 August 2009
Dear Sir,
Can anyone please tell me the cash transaction limit per day for a pvt company & what will be the consequences that will come into force if it exceeds the limit?
Thanking You
Can anyone please tell me the cash transaction limit per day for a pvt company & what will be the consequences that will come into force if it exceeds the limit?
Thanking You
17 August 2009
I don't think so there is any limit as such. But, there is an limit for the cash payment toward expenses and contractors i.e. of Rs.20K.
Please provide what is actualy your quaries are.
With Regards
Please provide what is actualy your quaries are.
With Regards
17 August 2009
Better to stick on bank payment to avoid tax effects
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