Notification no. 27/2011 dated 26/05/2011
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 August 2011
whether Limit of Rs.500000/- is applicable to only one transaction Or for whole year (i.e More than one transaction during the year exceeds total of 500000/- but individual transaction does not exceeds 500000/-) What is Applicable One transaction limit or limit for the whole year?
07 August 2011
The language used is "bill of Rs. 500000." So it should obviously be a single transaction.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS in case of Inoperative PAN under Section 192A
- How to reclaim rent paid on behalf of a registered person?
- IGST of Feb 23, Can we claim ITC now?
- Trust audit of Mumbai
- Interest On TDS under section 201(1A)
- NSC interest taxability at maturity
- RCM on Commercial Godown
- GST order u/s 73
- Salary to workers
- TDS us 194IB
- Lease Rent Vs Fair Rent
- GST adjudication monetary limit
- BSR AND CHALLAN SERIAL NUMBER IN CASE OF BANK ATTACHMENT ?
- CA FINAL Group-1 Completed
- B2C Large Invoice Reporting Requirement
- Different payment bank or method used rather than AD Code registered bank
- Articleship Registration 2024
- Trust Audit filling
- Delay condonation of audit report of a trust
- Credit Note Issue in GST
Trending Online Classes
CAclubindia
