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Sales in cash

This query is : Resolved 
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(Querist)
20 February 2015 Proprietor concern (Turnover above 1 Cr.) can sales in cash as a person wants to purchase in cash around Rs. 50000/-.

Is there any limitation?

Please advise me sir.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
20 February 2015 then such exp of purchase shall be disallowed u/s 40A(3)
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Rakesh Sharma

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Rakesh Sharma (Querist)
20 February 2015 Sir, disallowed for seller or buyer.
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