Cash payments to partners
This query is : Resolved
Quick Summary
18 August 2021
In a partnership firm, whether a partner can receive and pay any amount of cash. Is there any limit on cash transaction for partner ? The firm is to be audited .
18 August 2021
The limit is less than 2 lacs.
18 August 2021
Less than 2.00 lac in a single day ?
18 August 2021
It's not per day limit event based limit.
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