Is it allowable to accept Cash of 5 lakhs against various bills - each bills below Rs. 2 Lakhs ?
JACOB ABRAHAM KURIALANICKAL (Self Practice) (4 Points)
18 May 2023Is it allowable to accept Cash of 5 lakhs against various bills - each bills below Rs. 2 Lakhs ?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178099 Points)
Replied 18 May 2023
Yes, cash invoices with receipts of different dates would be allowed.