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Limit of cash payment

Others 471 views 3 replies

traders A receive 10000 + 12000 and give two different cash received slip to its debtor B on same day....will it allow ??

Replies (3)
any body have the salary article please share with me
no not allowed Sec 40A[3]

Mr. N Ganeshan

If Cash recived for Material Sale then

Can we Receive more than 20000 per day


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