Applicability of rs 2 lakh for cash

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

31 March 2017 FOR APPLICABILITY OF TRANSACTION OF RS. 2 LAKH PER DAY INCLUDE SALES AND PURCHASE OR SERVICE GIVEN AND SERVICE RECEIVE ALSO IS INCLUDED IN CASH I IS TRUE OR NOT. FROM 1ST APRIL 2017. AND CASH IN TOTAL RECEIVED AND PAYMENT INCLUDE.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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31 March 2017 * Receipts from sales , receipts from services given and receipts from an event or occasion only is covered.

* Cash received only is considered .

Querist : Anonymous

Querist : Anonymous (Querist)

31 March 2017 But sir,
Per party is Rs. 2 Lakh per day OR per Annuam in cash transaction.

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