Cash expenses limit hkfhj
Sayed Nabil (385 Points)
04 July 2021
Cash expenses limit under gst and income tax
5 Replies
veerendar singh
(tax consultant)
(3301 Points)
Replied 04 July 2021
I think there isnt any limit under gst
under income tax limit is 10,000
under income tax limit is 10,000
Sayed Nabil
(385 Points)
Replied 04 July 2021
Jaab monthly expenses 10000 se uper ho to kya yea disallow hota hai kya
CMA Poornima Madhava
(CMA)
(13112 Points)
Replied 04 July 2021
Not monthly, daily. Keep your daily cash expense to a party <10k to avoid disallowance under IT Act.
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