I m related to iron and steel trade.
I want to know what is the limit of cash transactions in this trade either sale or purchase.
Menu
cash transactions
Replies (7)
For B2B transaction upto 10,000/-
For B2C .... maximum upto 2 lakhs per day per customer........
Dhirajlal ji plz send the reference link in this case.
read section 40 b and 269st of income tax act
no restriction in gst
yes it in income tax. but is there anything in gst regarding cash transaction
not at all in gst
thanks sir
Recent Topic
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
Related Topics
CAclubindia
