What is cash receipt limit per day from un registerd debtors for firms?
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Cash recipt limit
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Not just per day, in respect of a single transaction or a single event, it is <2 lacs u/s 269ST
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
You can receive upto 200000 rupees in cash in a single day
There is an exception to this section .
Exceptions are for banking companies and NBFC.
Exceptions are for banking companies and NBFC.
Receive 2 lakhs rupees in cash in a single transaction
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