Cash received against Sale.
RAVINDRA GANGADHAR DEVALE (TAX PRACTITIONER) (291 Points)
11 May 2024sale bill. or only 2 lakh plz Guide me.
RAVINDRA GANGADHAR DEVALE (TAX PRACTITIONER) (291 Points)
11 May 2024
NARENDRA
(ACCOUNTS MANAGER)
(1885 Points)
Replied 11 May 2024
not above 2 lac............... ..........
CA Anoop Kumar Sharma
(Accounts Manager)
(2038 Points)
Replied 11 May 2024
Section 269ST states that no person shall receive an amount of Two lakh rupees or more, in aggregate from a person
RAVINDRA GANGADHAR DEVALE
(TAX PRACTITIONER)
(291 Points)
Replied 11 May 2024
sabyasachi mukherjee
(27292 Points)
Replied 11 May 2024
NARENDRA
(ACCOUNTS MANAGER)
(1885 Points)
Replied 11 May 2024
Originally posted by : sabyasachi mukherjee | ||
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An individual or business entity cannot deposit more than Rs.199999 lakh in one day in a scheduled bank. | ![]() |
is it ?????? really Mr. Mukherjee ????
Sandeep Jain
(Pivate)
(1425 Points)
Replied 11 May 2024
UR Sugars
(2 Points)
Replied 14 May 2024
Sir,
Nicely informative.... what if Accounted sale amount deposited in bank which is more then Rs 2Lakh as Owner do not above this rule?
what should he do now?
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