cash in single day

Dibyajit Dutta (I am a students of intermidiate) (19 Points)

26 September 2018

Apart from gst how much single day cash payment limit ?

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RAJA P M ("Do the Right Thing...!!!") (128096 Points)
Replied 26 September 2018

10k to Single person and Expenses..

Deepak Gupta (CA Student) (15922 Points)
Replied 26 September 2018

For any expenditure except freight: 10K

For freight: 35K

Refer Sec. 40A of the IT Act

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RAJA P M ("Do the Right Thing...!!!") (128096 Points)
Replied 26 September 2018

Yes... I agreed. ..

Dibyajit Dutta (I am a students of intermidiate) (19 Points)
Replied 26 September 2018

have there any limit for 20000.00?

Deepak Gupta (CA Student) (15922 Points)
Replied 26 September 2018

Originally posted by : Dibyajit Dutta
	have there any limit for 20000.00?

20K limit for receipt and payment of loans or advances. Refer Sec. 269SS and 269T of the IT Act.

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