There is a Society which receive cash or cheque from its members as life membership fee
The Society want to know how much limit of cash or cheque.
1 Replies
PUSHP KUMAR SAHU
(CA FINAL ASPIRANT)
(3115 Points)
Replied 07 March 2019
society can receive cash upto the limit of 200000...as per section 269ST...there is no limit for receiving amount in cheque
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