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Cash transaction

This query is : Resolved 
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(Querist)
25 October 2013 is advances received in cash in audited construction firm can be paid back in cash?
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ANIL SULEGAI PREMANATH

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ANIL SULEGAI PREMANATH (Expert)
28 October 2013 Yes, in property transactions/leasing of property for rent or lease you can do cash transactions above 20,000/-
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