please tell me URD purchase limit as per income tax act & also per day & yearly cash payment limit to URD
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Urd purchase limit as per income tax act
Replies (3)
there is no such concept as URD in income tax . as per income tax cash expenses or payment more than 20,000 is not allowed in a day but cash receipts can b done upto 2L from an individual person if it's more than 2L Ur suppose to collect 1 percent TCS
cash payment upto rs 10,000 per day per person..
Yes. I agreed to Mr Ayub Khan.,
The cash limit reduced 20k to 10k...
Cash to a person allowed only 10k.....
The cash limit reduced 20k to 10k...
Cash to a person allowed only 10k.....
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