Business rental advance cash mode limit
This query is : Resolved
25 December 2021
Sir,
One of the it person rs:10 lacs rent advance balance amount show in books as on Dt:31-03-21.if assessee rs:1 lacs *10 different dates total rs:10 lacs payment through on cash mode.
Question:
1.assessee payment cash mode allowed in it act
2.payment cash mode limit in it act.
One of the it person rs:10 lacs rent advance balance amount show in books as on Dt:31-03-21.if assessee rs:1 lacs *10 different dates total rs:10 lacs payment through on cash mode.
Question:
1.assessee payment cash mode allowed in it act
2.payment cash mode limit in it act.
25 December 2021
1 and 2 allowed only less than 2 lacs cash.
Message likes :
1 times
26 December 2021
sir, rs:10,000/- per day cash mode repayment total rs:10 lacs accepted
26 December 2021
Not allowed, as it's a single event.
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
- GST APPEAL ITC
- Surcharge on discretionary AOP/TRUST for AY 25-26
- Requirement of Form 15CA CB - Rent payment
- TDS U/S 194S VDA
- TCS Return Without PAN
- If Material shift from dry port local egm details not refleting on ICE gate portal
- GOODS TRANSPORT AGENCY RCM HSN CODE SUMMARY
- Project report for commercial tax
- Format of Amendment of trust deed applicable for 12AB registration
- Sec 12 AB registration of chatitable trust.
- Youtube income
- Statutory Deduction-PF
- Credit rating model
- Surcharge applicability on LTCG loss
- Query regarding applicability of UDIN on MCA forms signed using DSC by a Chartered Accountant
- GST ON PERSONAL MOTORCAR SOLD
- Cash gift by grand mother to her grand daughter
- APPLICABILITY OF RCM ON MAN POWER SUPPLY BY UN REGISTERED PERSON TO REGISTERED PERSON.
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Spice form, ? mark comes in address
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
