EASYOFFICE
EASYOFFICE
EASYOFFICE

Income tax

This query is : Resolved 
Profile Image

Profile Image

(Querist)
06 February 2013 A salaried person going to purchased a re-sale flat,80% to be financed and 20% by cheque, this 20%(2 Lakh) can paid by cash?
Is there any issue for cash transaction.
What is limit of cash trancaction in a year.
Please advice
Profile Image

CMA Ramesh Krishnan

Profile Image

CMA Ramesh Krishnan (Expert)
29 August 2013 there is no such provision under cash limit. it should be in proper source of income under the act

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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links