Regarding cash deposit receipt against sale of goods
This query is : Resolved
26 November 2016
Dear Sir ,
Pl. let me know about Cash received against our pending bills ,single receipt of whole bill amount can be
issued or several cash receipt should be issued against the Bill in several dates. ( Bill amount
may be small amount or may be of big amount. ) if there is any restrictions for issue of cash payment received
against sale of goods
( As per provision of IT TCS will be deducted as per rule after 01.06.2016 )
Kindly advise me
Thanking you
Saket kumar rastogi
Pl. let me know about Cash received against our pending bills ,single receipt of whole bill amount can be
issued or several cash receipt should be issued against the Bill in several dates. ( Bill amount
may be small amount or may be of big amount. ) if there is any restrictions for issue of cash payment received
against sale of goods
( As per provision of IT TCS will be deducted as per rule after 01.06.2016 )
Kindly advise me
Thanking you
Saket kumar rastogi
26 November 2016
You can pay tp the said party Maximum 20000 Rs. per day.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- Scrutiny and reopening of past returns
- PPF interest-As Exempt Income disclosure
- Tax on Deemed Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- Booth for sales promotion
- Type of Capital Gain
- Banking Related Issue
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
