Cash

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If in a firm which is not audited this firm cash Withdraw 5-10 Lac daily for Farmer from bank so this withdrawal acceptable or not ..Cash limit say 50Lac in a year
Replies (4)

Acceptable subject to proper justification.......

Yes... I accept My Dear Mr Dhirajlal Rambhia Sir reply...

To Farmer then it's applicable for some justification. Also keep the documents for verification purpose...
Raja sir.. Verification... it's means Income Tax department issue the notice for verification for why withdrawing havy cash from bank...if yes so which document to be collect.

Cash Payment Vouchers with sign and Reasons...


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