can a dealer make cash sale of rs 30000 at a time without mentioning the name of purchaser??
Abhishek Jain (90 Points)
04 April 2018can a dealer make cash sale of rs 30000 at a time without mentioning the name of purchaser??
Pankaj Rawat
(GST Practitioner)
(55047 Points)
Replied 04 April 2018
CA Rashmi Gandhi
(Chartered Accountant)
(86318 Points)
Replied 04 April 2018
RAJA P M
("Do the Right Thing...!!!")
(128085 Points)
Replied 04 April 2018
Originally posted by : Abhishek Jain | ||
can a dealer make cash sale of rs 30000 at a time without mentioning the name of purchaser?? |
Yes... If sale to any URD or Consumers....
Abhishek Jain
(90 Points)
Replied 04 April 2018
CA Nipun Goyal
(Practicing Chartered Accountant)
(159 Points)
Replied 04 April 2018
Under Income Tax Act 1961, any cash payment exceeding Rs. 10000 is not allowed.
Sonu Maheshwari
(Jr. Account & Finance Manager)
(213 Points)
Replied 04 April 2018
Sir, yaha matter receipt ka h
CA Rashmi Gandhi
(Chartered Accountant)
(86318 Points)
Replied 13 April 2018
CA Rashmi Gandhi
(Chartered Accountant)
(86318 Points)
Replied 04 April 2018
Live Course on Invoice Management System (IMS) - 2nd Batch(With Recording)