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Transaction above ₹10000

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(Querist)
21 March 2018 If rental income of ₹10000 and ₹14000 is being received from 2 house properties respectively...can it now be accepted in cash above ₹10000 after the GST???
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RAJA P M

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RAJA P M (Expert)
21 March 2018 Yes... Cash receipts can be received less than 2lakhs /p.a.... Cash Payments are restricted above 10k...

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