Cash Deposit of Rs.3,00,000/-

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Dear Team,

We are Pvt LTD garments company.

We have Deposited Rs.3,00,000/- for Urgent need of funds in accounts.

Kindly suggest us how can we close this issue.
Replies (5)
Genrete cash sales bills this date
There is no cash sales in our company. We manufacture goods and directly sells the same to distributor and other buyers
Ok you're distributor balance recipet from cash received
As per Income tax law receipt of more than 10 thousand cash is prohibited...
Well, you receive 10000 cash every day


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