Easy Office
Easy Office

Transaction limit

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(Querist)
18 September 2017 Hello sir/madam, I am confused about cash transaction limit for business. Plz help me in this problem
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
18 September 2017 You can't receive more than Rs.200000/- for one transaction in a day with single person. Also no deduction for expenses allowed if you pay more than Rs.10000/- in cash.
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ganeshchoudhary

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ganeshchoudhary (Querist)
18 September 2017 What if I pay cash for bills more than 10000. Will there be any problem.
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