Cash payments to partners

This query is : Resolved 

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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