Menu
Advance adjustment
if I give Rs 200000.00 as a advance or loan to any body and he want to return in cash. can I acepect or not
Replies (2)
200000 given cash or check sir
Yes... But, 2lakhs is restricted under Income tax act.
Recent Threads
- GST on business receipts pre -registration
- A Restaurant registered under the Composition Sche
- GST RATE OF OUT DOOR CATERING
- Non resident taxation & income tax in India
- GST Rate for oral Hygiene Combo Pack
- GST registration - Address error
- TDS on property pu
- Import of goods IMS action related
- Incometax Survey - Updated Return Filing after the
- TCS under 206C(1F)
Related Threads
CAclubindia
