Company can received in cash
This query is : Resolved
26 September 2012
What kind of income / Loans & Advances which company can received in Cash as per rule ?
03 October 2012
1. Income from sale or providing service can be received in cash.
2. Loans can be accepted inc ash upto a maximum of Rs. 20,000 throughout the year.
2. Loans can be accepted inc ash upto a maximum of Rs. 20,000 throughout the year.
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