Changes in Income Tax law from 1st April 2017

vijendra thakur , Last updated: 03 April 2017  
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1. Limit for payment of expenses by cash (Both capital and revenue expenditure) reduced from Rs. 20,000 to Rs. 10,000 per day in aggregate per person. 2. No Person shall receive an amount of two lakh rupees or more, by cash (Sec 269ST). 3. For below Rs. 2 crores turnover cases - For Non cash s

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vijendra thakur
( chartered accountant internship)
Category Income Tax   Report

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