Limit for cash receipt

Tax queries 985 views 9 replies

i would like to know the limit for cash receipts to be received during a day. Ours is a real estate co. and the main source of income is brokerage. so how much cash receipt of brokerage can we record in a day? . kindly guide for the same.

Replies (9)

You can receive un-limited. Rs 20,000 per day cash limit is for spend expenditure. 

Thre is no limit for cash receipts

There is limit of Cash Expenses i.e Rs. 20000.00

There is no any Limit for Cash receipt, If you receipt Cash more Rs.50,000.00 then you must take Pan Card no of Giver and keep record of the same.

I hope your doubt are clear.

Regards

Sandeep Jadhav

Hi,Can i pay business expences of 1,00,000/- per day,say 20000/- to one person X per day,20000/- to another person Y in same day so on?

Yes, you can pay upto  Rs 20K per day per person

Dear Suman 

Cash Expenses should not be more than Rs.20,000.00 thats means you can make payment to one person up to Rs.20000.00 if you want to paid expenses in cash then you have to make distrubution of payment according to this. i.e. Rs. 20000.00 per day per person.

 

thanks

 

thanks

 

YUP , there is no limit on cash receipt . 

cash receipt limit is just a theoritical concept.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
16 June 2026
Sr. Associate / Assistant Manager | TAS / FDD

Boutique Investment Bank & Transaction Advisory Firm

Gurgaon

CA

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details