1 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(185456 Points)
Replied 08 August 2017
Restriction is over purchaser u/s. 40A(3) of IT act... for dissallowance over Rs. 10,000/-
For seller U/s. 269ST of IT act ..... cash receipt limit is Rs. 2 lakhs from any single person per day/bill.
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