Tax Management India. Com
                            Law and Practice: A Digital eBook ...
TMI - Tax Management India. Com
Case Laws Acts / Rules Notifications Circulars Tariff/ ITC HSN Forms Manuals SMS News Articles Highlights
Discussions Forum
Home Forum Accounting - Auditing This
A Public Forum.
Anyone can participate to share knowledge.
We acknowledge the contributions of Experts/ Authors.

Submit new Issue / Query

← Previous Next →

Cash Limit, Accounting - Auditing

Issue Id: - 113475
Dated: 12-3-2018
By:- S.T.Biradar Biradar
Cash Limit

  • Contents

We cannot make any cash transaction exceeding ₹ 10,000/- per day w.e.f.1.4.18.

if we have received a report which contains the details of petty cash expenses incurred in a month at our site that is crossing 10,000 limit & we have given the cash for the same exceeding 10,000/- on a particular day is it violation of the said limit?

& how its different from 2lac cash limit per transaction/per day?

please explain

Post Reply

Posts / Replies

Showing Replies 1 to 2 of 2 Records

1 Dated: 15-3-2018
By:- S.T.Biradar Biradar

awaiting suggestions please

2 Dated: 14-5-2018

Even though it exceeds ₹ 10,000/- individual transaction is to be considered.


Post Reply

← Previous Next →
Discussion Forum
what is new what is new

|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members ||

© [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.