For what all cash payments can be made morethan rs.20000/-
This query is : Resolved
23 August 2013
For what all cash payments can be made and received for more than Rs.20000/- for Income tax purposes
23 August 2013
you can receive all the payment other than loan is cash (as there is no restriction on IT ACT) but cash payment should not be made in excess of 20000 as it is disallowed
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