Cash sales
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 February 2014
SIR
PLEASE TELL ME IF I HAVE TAKEN RS 250000/- AS CASH IN MY BOOK AS ADVANCE FROM THE PARTY IN A SINGLE DAY ,WILL IT BE PERMISSIBLE OR NOT AND WHAT IS THE LIMIT FOR CASH SALES IN A DAY, PLEASE TELL.
THANKS & RGDS
MUKESH KUMAR
PLEASE TELL ME IF I HAVE TAKEN RS 250000/- AS CASH IN MY BOOK AS ADVANCE FROM THE PARTY IN A SINGLE DAY ,WILL IT BE PERMISSIBLE OR NOT AND WHAT IS THE LIMIT FOR CASH SALES IN A DAY, PLEASE TELL.
THANKS & RGDS
MUKESH KUMAR
18 February 2014
Restriction on cash dealing is only for EXPENSES.
There is NO restriction on cash SALES. You can make any amount of cash sales.
There is NO restriction on cash SALES. You can make any amount of cash sales.
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