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Cash transaction after 1 april 2017

New Direct Tax Code 890 views 6 replies
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3 Points Posted on 06 April 2017

Sir, 

Is there penalty for depositing 200000/- or more in current account.

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On 06 April 2017 at 08:12 Report
Replies (6)
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SEO Sai Gr. Hosp.
211693 Points Posted on 06 April 2017

No, but query about the cash amount if received from single person may arise!

581 Reply
On 06 April 2017 at 08:22
Guest

but explain the source of it 

and if possible reaise invioce against this cash deposit 

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On 06 April 2017 at 09:32
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3 Points Posted on 06 April 2017
Source of the cash is the cash invoice and payment received in cash of credit invoice
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On 06 April 2017 at 12:02
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then y to worry 

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On 06 April 2017 at 12:58
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Lecturer
24 Points Posted on 06 April 2017
no transaction above 200,000 in cash is possible even bill is raised
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On 06 April 2017 at 23:08
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CEO
22 Points Posted on 21 October 2017
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On 21 October 2017 at 14:13


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