banner_ad

Cash expenses limit

Others 942 views 8 replies

WHICH IS EFFECT DATE START   FOR  RESTRICTION  ON CASH TRANSACTION LIMIT PER DAY REDUCE RS. 20000.00 TO RS. 10000.00 AS PER INCOME TAX ACT  ??????????????

Replies (8)
These amendments takes effect from 1st April, 2018 and will, accordingly, apply in relation to the assessment year 2018- 19 and subsequent years. Cross-check once!
by the finance act, 2017 with effect from 1st April, 2018
The amendment applicable from AY 18-19 (FY 17-18).

Hi,

This Amendment is proposed in the Finance Bill, 2017. Hence, this get effective from the date 1st April, 2017.

Hope this helps!

Thanks

by the Finance Act, 2017, w.e.f. 1-4-2018

Dear Puja Sharma.,

This amendment applicable from 1st April 2017. The amendment says Assessment Year...

Sir i also mean AY 2018-19 i.e. FY 2017-18. I quoted the same line mentioned in the Act with reference to amendment. 

w.e.f FY 2017-18, i.e. 01.04.2017


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Topics
Loading
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
07 June 2026
Tax Associate

Rajkumar Jain & Co.

Ahmedabad

Graduate (Any)

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details