Transactions through on online mode

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B.com
3025 Points Posted on 30 December 2020
A small retail kairana strores dealer sales and purchases transactions amounts through on online mode like google payment or phone payment and payteam etc.
question:
dealer any limit for online mode transactions like google payment and phone payment and payteam allowed one finicial year
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On 30 December 2020 at 10:32 Report
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Quick Summary
This discussion clarifies whether there are limits on online transactions for small retail businesses using payment apps like Google Pay, PhonePe, and Paytm. It was confirmed that there are no specific restrictions on the number of transactions or the total amount that can be processed through UPI in a financial year for such businesses.

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Chartered Accountant
24588 Points Posted on 30 December 2020
No there is no such restrictions
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On 30 December 2020 at 11:13
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Tax consultant
5895 Points Posted on 30 December 2020
Upto 10 times to one dealer in all upi
or upto 100000
1 Reply
On 30 December 2020 at 11:40
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Chartered Accountant
24588 Points Posted on 30 December 2020
Not aware of that thanks for the information
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On 30 December 2020 at 11:42

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