Debtors money

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can the assessee lender receive cash in excess of 20000 in cah from the debtors
Replies (4)
No... he shouldn't receive
I don't think any problem to receive.
in excess of 20000/- means how much ??

plz get PAN xerox of debtor if possible.

Under 269ST maximum transaction value is 2 lakhs in cash.
Sorry... I thought it as 200000, There's no bar in receiving amount in excess of 20000 but less than rs. 2 lacs
@ Ramakrishnan
it's okkkaaay Sir


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