Can a dealer make cash sale of rs 30000 at a time

can a dealer make cash sale of rs 30000 at a time without mentioning the name of purchaser??

Replies (9)
Yes , u can do that , without mentioning name of purchaser
Yes you can do so upto Rs 200000/-
Originally posted by : Abhishek Jain
can a dealer make cash sale of rs 30000 at a time without mentioning the name of purchaser??

 

Yes... If sale to any URD or Consumers....

Yes sure, you can do that.
thank u all of u..

u r good people..

who knows helping makes feel good..
THE JOY OF GIVING...


CAN I MAKE CASH PAYMENT OF RS 30000 FOR MY PURCHASES FROM A REGISTERED D

Under Income Tax Act 1961, any cash payment exceeding Rs. 10000 is not allowed. 

Sir, yaha matter receipt ka h

If you purchase you have to make payment & payment in excess of Rs.10000.- not allowed
Yes if purchaser is ready & not claiming deduction in IT.

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