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we can cash slase above 20000? and if party pay the above
20000 we can give the recipt.

Answers were Sorted based on User's Feedback



we can cash slase above 20000? and if party pay the above 20000 we can give the recipt...

Answer / mari muthu

Above Rs.20000 any transaction you have to motivate to
bank. You Should be give to Cash transaction receipt below
Rs.20000. you have give to some discount to the party.
above Rs.20000 cash Transaction will not accept to the
income Tax. You wil meet to Future inconveniant.

Is This Answer Correct ?    6 Yes 0 No

we can cash slase above 20000? and if party pay the above 20000 we can give the recipt...

Answer / vikas sharma

Above Rs.20000 any transaction you have to motivate to
bank. You Should be give to Cash transaction receipt below
Rs.20000. you have give to some discount to the party.
above Rs.20000 cash Transaction will not accept to the
income Tax. You wil meet to Future inconveniant. but you have received 2 installment give cash receipt

Is This Answer Correct ?    0 Yes 0 No

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