Audit case
This query is : Open
13 April 2018
Is there any limit of cash withdrawal from bank on daily basis to cash purchase of exempt goods??
can i withdraw 190000/- everyday from different bank accounts i have?
can i withdraw 190000/- everyday from different bank accounts i have?
13 April 2018
No limit on cash withdrawal. Limit is for payment.
Message likes :
1 times
16 April 2018
NO LIMIT FOR CASH WITHDRAWAL FROM BANK, AS SECTION 269 ST , RS 2 LACS RECEIPT IS NOT APPLICABLE FOR BANK WITHDRAWAL AS NOTIFIED BY CBDT. HOWEVER U/S 40 A (3) , EXPENSES IN CASH FOR MORE THAN 10 K ARE DISALLOWED
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITR 2 Short Term gain & Long term gain
- Reporting Income under Section 44ADA
- Itr 1 processing
- Off Market debit and credit transaction
- Building and other construction workers welfare cess act 1996
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR returnFY25-26
- LIC Annuity received under Jeevan Akshay Scheme
- In Exports Sales HSN details where to fill
- Form 10BD Filling
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
