a person maintained accounting records for tally software.
how to options enable for rs:2 lacs above case mode receipts and repayment rs:10,000/- per day.
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Tally accounting options enable for rs:2 lacs and pay rs:10,000/-
Replies (1)
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For ₹2 Lakhs: Do not accept cash of ₹2,00,000 or more from one person in a single day/event (Section 269ST).
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For ₹10,000: Avoid paying business expenses exceeding ₹10,000 in cash to a single party on any given day to avoid losing tax deductions (Section 40A(3)).
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For ₹20,000: Do not accept or repay loans/deposits of ₹20,000 or more in cash (Section 269SS/269T).
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