cash issue

198 views 10 replies
User Avatar

70 Points Joined July 2017
how much cash v can take from customr
0 Reply Share Follow
On 22 August 2017 at 22:26 Report
Replies (10)
User Avatar

"Do the Right Thing...!!!"
128147 Points Joined January 2015
Rs. 50k.....
Reply
On 22 August 2017 at 23:00
User Avatar

"Do the Right Thing...!!!"
128147 Points Joined January 2015
Above 2lakhs it ll be fall under income tax act 269
1 Reply
On 22 August 2017 at 23:01
User Avatar

Student
150 Points Joined May 2014
refer section 269ST
Reply
On 22 August 2017 at 23:06
User Avatar

70 Points Joined July 2017
so u r telling rs 50k but 269st says v can do buisness upto under 2 lakh
Reply
On 22 August 2017 at 23:09
User Avatar

"Do the Right Thing...!!!"
128147 Points Joined January 2015
Yes. Also other rule ll be says Rs. 10k only allowed.....
But, Here the nature of transaction is the main reason.....
Reply
On 22 August 2017 at 23:16
User Avatar

70 Points Joined July 2017
if v do take cash 75000 any penalty is there i know under sec 43 purchase is not allowf
Reply
On 22 August 2017 at 23:19
User Avatar

70 Points Joined July 2017
if v do take cash 75000 any penalty is there i know under sec 43 purchase is not allowf
Reply
On 22 August 2017 at 23:21
User Avatar

70 Points Joined July 2017
there is diffrnt opinion of c.a sme r saying section 269st u r allowd to take less than 2 lakh but under 43 a purchase is restrictd under 10000
Reply
On 23 August 2017 at 09:48
User Avatar

70 Points Joined July 2017
if smebdy forcefully givs cash whonis wrong seller or purchaser
Reply
On 23 August 2017 at 09:48
User Avatar

"Do the Right Thing...!!!"
128147 Points Joined January 2015
Yes. Payments restricted to 10k. Receipts are under 269st 2l
Reply
On 23 August 2017 at 09:59


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading