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Cash Transactions doubt?

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Financial consultant
90 Points Posted on 21 March 2022
Cash rec'd max 200000 per day.But Petrol bunks,Jewellery shop,Hospitals etc.Collected morethan 2 lakhs per day.?Exemption for hospital,Petrol bunks,Jewellery shop?Plz clarify
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On 21 March 2022 at 10:24 Report
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Chartered Accountant
5010 Points Posted on 21 March 2022

No there is no such exemption. But they do not accept cash of more than Rs. 2 Lakhs from a single individual. 

8 Reply
On 21 March 2022 at 12:28
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Profession Business
28202 Points Posted on 21 March 2022
Sec 269 ST provisions are there.
44 Reply
On 21 March 2022 at 13:43
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Financial consultant
90 Points Posted on 21 March 2022
Ok sir.Thank you for ur information
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On 21 March 2022 at 19:22


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