For 1 day 1 party
Please suggest me
20000 & 10000
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Limit of cash received
Replies (6)
For cash receiver limit u/s. 269ST of I T act, 1961 is Rs. 2 lakhs per day per person/event....
2 lac per day ??
per transaction
there is no such limit in GST but there is limit in Income Tax Act so I recommend you to make casual of rupees up to 10000 because if you make about this amount then the person who is purchasing from you will not be eligible under the Income Tax Act
to make cash bill
above this amount
above this amount
sorry this answer is for the other query I mistakenly sent it to yours
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