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cash transactions in single day
what is cash transactions in a single day for proprietor
Replies (1)
Cash transaction have following restrictions
Cash payment
Sec 40a(3) don't make cash payments more than rs 10000 to any person in a day.
Cash receipt
Sec 269ST don't accept cash receipt equal to or more than rs 200000 aggregate from person in a day or against single invoice.
Cash payment
Sec 40a(3) don't make cash payments more than rs 10000 to any person in a day.
Cash receipt
Sec 269ST don't accept cash receipt equal to or more than rs 200000 aggregate from person in a day or against single invoice.
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