banner_ad

Cash limit

This query is : Resolved 
Profile Image

Profile Image

(Querist)
24 February 2015 can any one tell me what is the maximum limit we can give to customer for a payment
Profile Image

CS,CA F,Numrologi TusharSampat

Profile Image

CS,CA F,Numrologi TusharSampat (Expert)
24 February 2015 there is no bar anywhere mentioned but as per income tax act the cash payments must not be more then 20,000 to avoid disallowance,
Profile Image

chandru

Profile Image

chandru (Querist)
24 February 2015 Sir we having company owned car(2) whether it can show as any investment or where it can show.
Profile Image

CS,CA F,Numrologi TusharSampat

Profile Image

CS,CA F,Numrologi TusharSampat (Expert)
24 February 2015 it is fixed assets and must be shown under head fixed assets.
Profile Image

chandru

Profile Image

chandru (Querist)
24 February 2015 Sir we having company owned car(2) whether it can show as any investment or where it can show.
Profile Image

Rupesh Jain

Profile Image

Rupesh Jain (Expert)
24 February 2015 car is fixed assets and its come under B/s
aseets side.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details