Cash transaction
GANGADHARA RAO (PROPRIETOR) (169 Points)
29 May 2017GANGADHARA RAO (PROPRIETOR) (169 Points)
29 May 2017
PRABIR PAUL
(*****Accountant***** Never insult to any person for any kind of lack of knowledge or misread.)
(1443 Points)
Replied 29 May 2017
Yes you are correct.
Section 40A(3)- Limite Rs. 10,000/- -- Applicable on expenses.
Section 269st- Limite Rs. 1,99,999/- Applicable on receipts.
You are not fall under any penalty about on above query.
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