Retail cash sales

praveen kumar sharma (Propreitor) (51 Points)

30 August 2017

we deal in computer, where any computer starts from 20000 rupees and laptop from 25000 rupees. can we accept cash for retail sales.

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3 Replies

Dharmesh Lad (24 Points)
Replied 30 August 2017

u can cash sale for up to income tax act. for mentioned transaction u can collect cash for both items

Dharmesh Lad (24 Points)
Replied 30 August 2017

u can cash sale for up to income tax act. for mentioned transaction u can collect cash for both items

Dharmesh Lad (24 Points)
Replied 30 August 2017

up to 2 lac cash sale for single bill. or cash receipt are eligible

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