A person given Rs 7 lakhs in cash and Rs. 1 Lakh in chq. for house deposit on rent now can he take back 4 lakh in cash and 4 laks in chq.
Refund of house deposit
shabnoor (accountant) (36 Points)
03 February 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(172434 Points)
Replied 03 February 2018
Cash receipts for any event/occassion is restricted to Rs. 2 lakhs u/s 269ST of IT act, 1961.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)