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Payment of cash

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 September 2016 Dear sir/Madam,

I have a doubt regarding cash payment exceed statuary limit as per Rule 6D. Whether Proprietor can withdraw cash more than Rs 20000. Is it this is disallowed as per rule 6d.

please tell me.

Regards,
Arun T Bhoothe
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Amol S Joglekar

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Amol S Joglekar (Expert)
08 September 2016 withdrawl of cash is NOT disallowed.
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Expert : Anonymous

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Expert : Anonymous (Expert)
08 September 2016 Dear Arun, Drawing is not covered in rule 6DD so you can withdraw cash exceeding Rs 20000 in a day Hope your query is resolved Kindly like if my response has helped you
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Querist : Anonymous

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Querist : Anonymous (Querist)
08 September 2016 thank you sir (Anonymous)
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Amol S Joglekar

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Amol S Joglekar (Expert)
08 September 2016 You are most welcome.
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ACA Anurag

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ACA Anurag (Expert)
08 September 2016 Always welcome dear

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