cash sale
C B GOYAL (ACCOUNT COSULTANT) (69 Points)
28 June 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(176815 Points)
Replied 28 June 2018
As per Section 269ST of IT act, you cannot sell (i.e receive cash) for Rs. 2 lakhs per person per day/aggregate of bills...
So with different persons per day cash sales can be anything in tune of 1.99 lakhs * no. of persons..
Nischal Mittel
(43 Points)
Replied 28 June 2018
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India