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cash limit
what is the cash limit for a firm on purchases made?
Replies (9)
upto Rs.20000 to one party in a day
Rs. 10000 from FA 2017....refer section 40A(3)
20000 or 10000?
10000 from FA 2017
| Originally posted by : Divakar | ||
 |
Rs. 10000 from FA 2017....refer section 40A(3) |  |
Yes Rs.10000
ok... thanks 😊
Certain exception is also there in rule 6DD where cash payment is allowed more than Rs. 10000
ha that rule i know...😊
Yup.... 😀😀 u definitely know mam
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