banner_ad

Cash recipt limit

263 views 5 replies
User Avatar

20 Points Joined June 2017

What is cash receipt limit per day from un registerd debtors for  firms? 

0 Reply Share Follow
On 14 May 2021 at 16:24 Report
Replies (5)
User Avatar

CMA
13117 Points Joined May 2009

Not just per day, in respect of a single transaction or a single event, it is <2 lacs u/s 269ST

1 Reply
On 14 May 2021 at 16:27
User Avatar

tax consultant
3306 Points Joined October 2018
If you care for your debtors then you must consider the 10000 limit for the payment made by him is an expense and will have to satisfy condition of s. 40A
2 Reply
On 14 May 2021 at 16:44
User Avatar

Chartered Accountant
24588 Points Joined November 2019
You can receive upto 200000 rupees in cash in a single day
Reply
On 14 May 2021 at 17:18
User Avatar

Profession Business
28196 Points Joined May 2017
There is an exception to this section .
Exceptions are for banking companies and NBFC.
Reply
On 14 May 2021 at 17:26
User Avatar

Chartered Accountant
24588 Points Joined November 2019
Receive 2 lakhs rupees in cash in a single transaction
Reply
On 16 May 2021 at 06:17

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details