Amount exceed 20000

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

31 March 2016 example : company give a incentive to staff of Total rs.25,000/
to A 10,000/-
& B to 15,000/-

In Cash

So as per rules of Not Exceed 20,000 or Individual Tran section

Rupesh Jain

Rupesh Jain (Expert)
Follow

31 March 2016 YOU CANNOT MAKE EXCEEDS RS.20000/- IN DAY TO SINGLE INDIVIDUAL

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

31 May 2016 if Income From :
1.Tuition Fees in which itr should i file.
2.Music Systems for Rent busines (DJ) in which itr should i file
3.Tours and Travel income in which itr should i file
above services itr 4 or itrs 4s applicable .. because of customer not maintain books of record

income less then as limit as on year ,
and last year should i file itr 4s so can i change this or not issue on this case.