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cash payment

This query is : Resolved 
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(Querist)
19 October 2017 can I pay cash upto Rs. 200000 to farmers against purchase his agri Commodity ? My turn over is 3 cr.
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RAJA P M

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RAJA P M (Expert)
20 October 2017 yes... you can....
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jitendra

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jitendra (Querist)
20 October 2017 Some CA and tax consultant say that if you withdraw cash more than 50 lakhs during the year from bank, I. T. department issue scrootiny for this cash transction. is it true???
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
01 October 2021 Ekdam Hachi Vat ...............
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