As a shopkeeper can I accept old denomination from the customers and can I deposit the same in my current account on daily basis
Menu
Acceptance of old 500 and 1000notes
Replies (1)
Old notes are no longer legal tender and question of depositing doesn't arise because you are not suppose to accept or sell in cash post 8th midnight by accepting old notes
Recent Topics :
- Taxation of Gift - Father to Daughter
- TDS on Property Purchased above 50lakh
- Accounting Treatment in Tally for Restaurant Sales
- Form 146 required
- Rule 86(B) Applicability
- ROC FILINGS FY2025-26
- Mismatch in 26AS
- How Can a Trader Utilise Approximately ₹1.20
- How Can Law Students Present Papers at Conferences
- On which amount 200% penalty under section 270A is
Related Topics :
CAclubindia
