Cash payment to farmer

How much cash payment to the farmer in a day? If business of Adhat in (APMC MARKET)
Replies (6)

Maximum upto 2 lakhs.........

πŸ™πŸ™πŸ™ Good Morning My Dear Dhirajlal Rambhia Sir..,

What is the difference between Rs. 10000 and Rs. 200,000......?

Very Good Morning, Dear..

Section: 269ST............ no one can accept 2 lakhs or more cash per day/event/person

The section specifically applies to seller/supplier  (who in turn receives cash payment)

Sec. 40 A(3): Where any expenditure in respect of which payment is made in excess of Rs. 10,000 at a time otherwise than by Account-payee cheque or draft, 100% of such payment shall be disallowed.

Here, it is disallowance of expenditure for purchaser/trader under income from PGBP.

(Though this condition not applicable here, being agriculture produce)

Really it's very Helpful for improve my Knowledge...


Thanks a lot My Dear Sir πŸ™πŸ™πŸ™πŸ‘πŸ‘πŸ‘πŸ‘

My Pleasure..... Dear Sir........

πŸ˜‡πŸ˜‡πŸ˜‡πŸ˜‡πŸ˜‡
πŸ™πŸ™πŸ™πŸ™πŸ™
😊😊😊😊😊

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