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cash in single day

Others 243 views 5 replies
Apart from gst how much single day cash payment limit ?
Replies (5)
10k to Single person and Expenses..

For any expenditure except freight: 10K

For freight: 35K

Refer Sec. 40A of the IT Act

Yes... I agreed. ..
have there any limit for 20000.00?
Originally posted by : Dibyajit Dutta
have there any limit for 20000.00?

 

20K limit for receipt and payment of loans or advances. Refer Sec. 269SS and 269T of the IT Act.


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