Dear All,
Can any guyde that if a retailer sales goods to consumer in cash. On the time of that goods return by counsumer then they can return cash more then Rs.10,000/- in F.Y. 18-19.
NAVIN KUMAR (Account Excutive) (75 Points)
01 October 2018Dear All,
Can any guyde that if a retailer sales goods to consumer in cash. On the time of that goods return by counsumer then they can return cash more then Rs.10,000/- in F.Y. 18-19.
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 01 October 2018
U CAN ACCEPT THE CASH UPTO RS 2 LAKH
BUT IF THERE IS PAYMENT OF CASH SO IT SHALL NOT BE GRETAER THAN RS 10,000 IN THE F/Y 2018-19 , WHICH IS RS 20,000 IN THE F/Y 2017-18
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