Dear Sir, we have filed ITR4 under section 44AD from last 4 years. can we issue single cash bill of Rs. 234000/- to customers.
Please
Dear Sir, we have filed ITR4 under section 44AD from last 4 years. can we issue single cash bill of Rs. 234000/- to customers.
Please
There is no restriction on the value of an individual invoice. The total income earned in the year needs to be below the limit of 2 or 3 crore (depending on the cash element).
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
