Cash receipt


This query is : Resolved 

(Querist)
28 October 2013 I wanted to know that my client is Pvt. Ltd. Company Now How Much cash he can receive on any sell of materials.

28 October 2013 no Restriction available on cash sales
.
.
however there is a restrictions only for cash expences and cash advances given/accepted

28 October 2013 There is no provision on cash receipt...

The provision is for Cash payments U/S 40a3
{in Excess of 20000 in a single day to a single party}


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