Limit cash transactions

sec 44ad it returns filed money lending business person how much limit amount cash mode allowed money to customer in it act.
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Quick Summary
This discussion clarifies cash transaction limits for money lending businesses operating under Section 44AD of the Income Tax Act. It highlights that while receiving cash is limited to ₹200,000 under Section 269ST, payments for expenses are restricted to ₹10,000 per Section 40A(3). A specific mention is made of Section 269SS and 269T, indicating a ₹20,000 limit for receiving loans in cash.

For receiving money in cash limit is 200000 rupees and for payment limit is 10000 rupees
For receiving money in cash limit is 200000 as per section 269st and for payment of expense limit is 10000 as per section 40A(3)
Only 20000 as per section 269ss
Yes 20000 rupees may be received for loan as per 269SS and 269T

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