what is the cash payment limit in a day

  1. profile image46
    siddharath Raj Puposted 7 years ago

    what is the cash payment limit in a day

  2. FREEWORKING profile image61
    FREEWORKINGposted 7 years ago

    Rs. 20000 in a day from one party. means you can take payment maximum 20000 to one party and parties can be multiples. like if you have 2 parties and need to deposit cash from them, you can deposit 40000 maximum with 20000 limit from one party under section 40(A)3 of income tax act

 
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