Filing of form 61a

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

30 May 2017 Dear Experts,
we have issued different tax invoices to one of the vendor on different dates. but from this vendor we have received payment in cash on different dates single payment not exceeding 2 Lakh but total payment exceed 2 Lakh

pls clarify :- will i have to report these transaction in form 61A or not?

Thanks
Rajat

CA ANILKUMAR B.COM FCA DISA

CA ANILKUMAR B.COM FCA DISA (Expert)
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30 May 2017 Receipt in respect of sale of goods or services per transaction only need to be reported if it exceeds 2 lakhs. So that aggregation not requires.