Cash limit per voucher paid and receipt

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166 Points Posted on 10 January 2024
cash paid limit is rs 10k per voucher likewise how much is limit for receipt
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On 10 January 2024 at 12:38 Report
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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.

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Accountant
1227 Points Posted on 10 January 2024
For receipt the limit is 2 lakhs as per 269ST.
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On 10 January 2024 at 13:21
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Profession
28271 Points Posted on 10 January 2024
For payment follow sec 40(a) (3)
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On 10 January 2024 at 14:55
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"Do the Right Thing...!!!"
128157 Points Posted on 10 January 2024
Not exceeding Cash Receipt 2 lakhs...

&

(the 10k is not per voucher. It's per person / entity to a expense in a day).
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On 10 January 2024 at 15:35
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Profession
28271 Points Posted on 10 January 2024
Sec 269 ST HAS GOT MZNY EXCEPTIONS.
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On 10 January 2024 at 21:46
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"Do the Right Thing...!!!"
128157 Points Posted on 11 January 2024
Originally posted by : sabyasachi mukherjee
Sec 269 ST HAS GOT MZNY EXCEPTIONS.

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

 

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

 

😇😇😇😇😇😇😇😇😇

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On 11 January 2024 at 00:46
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Profession
28271 Points Posted on 11 January 2024
Its a forum , do not post these.
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On 11 January 2024 at 15:18
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"Do the Right Thing...!!!"
128157 Points Posted on 11 January 2024
Okaay officer...
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On 11 January 2024 at 15:47

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