cash transactions
anshul tiwari (Student CA IPC / IPCC) (261 Points)
04 July 2018
In case of jwellery business what is cash sale purchase limit under gst and income tax act
1 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178169 Points)
Replied 04 July 2018
Cash sale/purchase is defined only under section 269ST of IT act....... which restricts cash receipt of Rs. 2 lakhs or more from any person per day or per event.........
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