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daily cash sale limit
what is daily cash sale limit
Replies (3)
2 lac per person per day single transaction
Yes, it is 2lakhs per person per day.
Alternatively in another way it can be interpreted that for the whole year aggregated, no person can make cash sale to another in excess of RS. 2 lakh. This is because, only Housing finance companies and Nbfc have got the permission for excluding aggregation of transactions in multiple dates.
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