I am running travel agency. I am from Gujarat. I have some customers in other states also and they are purchasing Flight tickets from me. They are paying me money only via Cash Deposit in my current account.
The transaction amount is around 30k-40k per transaction, Not more than that.
So, I just want to confirm that is there any issue if I take cash deposit from my customers ? I don't know why they are not paying me via online channels.
I don't have address and PAN number of customer, Do I have to take their address and PAN card number if they are paying me in cash ?
Please Help, I don't know what to do.
CAclubindia
