Cash payment to farmer
Nishikant (Jalna) (298 Points)
08 October 2017
How much cash payment to the farmer in a day? If business of Adhat in (APMC MARKET)
6 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(195294 Points)
Replied 08 October 2017
Maximum upto 2 lakhs.........
RAJA P M
("Do the Right Thing...!!!")
(128106 Points)
Replied 08 October 2017
🙏🙏🙏 Good Morning My Dear Dhirajlal Rambhia Sir..,
What is the difference between Rs. 10000 and Rs. 200,000......?
What is the difference between Rs. 10000 and Rs. 200,000......?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(195294 Points)
Replied 08 October 2017
Very Good Morning, Dear..
Section: 269ST............ no one can accept 2 lakhs or more cash per day/event/person
The section specifically applies to seller/supplier (who in turn receives cash payment)
Sec. 40 A(3): Where any expenditure in respect of which payment is made in excess of Rs. 10,000 at a time otherwise than by Account-payee cheque or draft, 100% of such payment shall be disallowed.
Here, it is disallowance of expenditure for purchaser/trader under income from PGBP.
(Though this condition not applicable here, being agriculture produce)
RAJA P M
("Do the Right Thing...!!!")
(128106 Points)
Replied 08 October 2017
Really it's very Helpful for improve my Knowledge...
Thanks a lot My Dear Sir 🙏🙏🙏👍👍👍👍
Thanks a lot My Dear Sir 🙏🙏🙏👍👍👍👍
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(195294 Points)
Replied 08 October 2017
My Pleasure..... Dear Sir........
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