Cash limit per voucher paid and receipt

cash paid limit is rs 10k per voucher likewise how much is limit for receipt
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Quick Summary
This discussion clarifies cash payment limits in India. For receipts, the limit is Rs 2 lakhs per person per day under Section 269ST, which has several exceptions. For payments, Section 40(a)(3) applies, with a limit of Rs 10,000 per person per day for expenses paid in cash, not per voucher.

For receipt the limit is 2 lakhs as per 269ST.
For payment follow sec 40(a) (3)
Not exceeding Cash Receipt 2 lakhs...

&

(the 10k is not per voucher. It's per person / entity to a expense in a day).
Sec 269 ST HAS GOT MZNY EXCEPTIONS.
Originally posted by : sabyasachi mukherjee
Sec 269 ST HAS GOT MZNY EXCEPTIONS.

MZNY....???!!!!???!!!!????!!!!?????

 

Naaraayanaa... Intha kosu thollai thaanka mudiyala, Naaraayanaa...

 

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Its a forum , do not post these.
Okaay officer...

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