what is the Cash purchase limit.
Answers were Sorted based on User's Feedback
Answer / ilangovan
As per Incometax rules we didn't make cash entry of
Rs.20000 and above. so that, the limit is Rs.20000/-
| Is This Answer Correct ? | 20 Yes | 2 No |
Answer / accountant
cash purchase on valuation of stock
as a like goods pur for rs 25000
| Is This Answer Correct ? | 7 Yes | 6 No |
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