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Limit cash transactions

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B.com
3021 Points Posted on 03 June 2021
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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On 03 June 2021 at 11:04 Report
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Chartered Accountant
24588 Points Posted on 03 June 2021
For receiving money in cash limit is 200000 rupees and for payment limit is 10000 rupees
129 Reply
On 03 June 2021 at 12:04
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791 Points Posted on 03 June 2021
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)
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On 03 June 2021 at 21:13
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tax consultant
3306 Points Posted on 07 June 2021
Only 20000 as per section 269ss
9 Reply
On 07 June 2021 at 00:27
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Chartered Accountant
24588 Points Posted on 25 July 2021
Yes 20000 rupees may be received for loan as per 269SS and 269T
129 Reply
On 25 July 2021 at 06:02


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