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limit for cash on hand
I.t. assess cash on hand balance as on 31.03.2019 6 lacs in balance sheet. maximum limit for cash on hand balance under I.t. act.
Replies (9)
no limit
No such limit but same will be according to the business of assessee.
a trader cash sales limit under gst and I.t. act
no limit
sec 269 St 2 lacs applicable for cash sales limit
If you receive 2 lakh in single transaction, then section 269ST applicable
No cash sale limit under GST & Income Tax
No cash sale limit under GST & Income Tax
i.t.assess cash paid to debtor limit for hand loan 10 thousand and above . thanks reply
No such limit butbsame will be according to the business of assessee.
If cash on hand on 31st March is exceeding 10 lacs than what will happen??? Reply as soon as possible...and tell me the limit of cash in hand on 32st march
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