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cash sale limit
Someone says only 10000 cash sales is allowed and someone says limit of cash sales is 200000 then what is the correct limit of cash sale?
Replies (2)
Cash sale limit: INR. 1,99,999/- under Sec. 269ST
Cash expenditure limit: INR. 10,000/- under Sec. 40A(3)
Both have some exceptions. Do read the respective section and related rules.
cash limit sale 200000 one party received cash against bill
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