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Cash payments limit

This query is : Resolved 

28 March 2017 Sir,
What is maximum cash payment limit from April 1, 2017, will it continue as Rs20,000/= or it is reduced to to lower limit. please clarify.

28 March 2017 It has been reduced to 10000.

29 March 2017 Restricted to Rs.10000 violation of which will lead to disallowance.

29 March 2017 It is as per amendment in Section 40A(3)



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