Cash Receipt
Sohail Ali (18 Points)
04 August 2018Cash Receipt limit per person per transaction and per day.
Sohail Ali (18 Points)
04 August 2018
Ruchika Somani
(Coaching and Practice in Tax Audit Law.)
(4429 Points)
Replied 04 August 2018
Originally posted by : Sohail Ali | ||
Dear Sir, Cash Receipt limit per person per transaction and per day. |
269ST applicable
No person shall receive an amount of two lakh rupees or more—
(a) in aggregate from a person in a day; or
(b) in respect of a single transaction; or
(c) in respect of transactions relating to one event or occasion from a person,
269SS
loans and advances exceeding 20k