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Cash Receipt limits under income tax
If 5 sale invoices are issued to 5 different persons, can cash less than 2 lakh be collected from each of them in a single day?
Replies (2)
Yes, possible.
This is not a very relevant question.
Sec 269ST PROVIDES SUCH PROVISIONS.
YOU CAN DEPOSIT RS.199999 PER DAY.
Sec 269ST PROVIDES SUCH PROVISIONS.
YOU CAN DEPOSIT RS.199999 PER DAY.
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