it assessess maintained a private hospital including pharmacy store
question:
assessess cash mode receipts and digital mode receipts (Google pay and paytam and phone pay) limit per day received from one patient for hospital and pharmacy store in it act
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Limit for cash mode and digital mode amount received
Replies (2)
As far as receipt is concerned you can receive cash as much as you get. But there are reporting compliances where cash receipts from one person exceeds certain limits. For digital payments since they are routed through banks there is no issue.
You can accept a sum upto 199999 in cash from one person in a day for a single invoice.
For digital transaction, there is no time limit.
For digital transaction, there is no time limit.
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