Cash limit

Kapadia Pravin   21 January 2021

Limit is in respect to particular payment . It is disallowed in case it exceeds 40(a)(iii). 269ST also governs cash transactions. 269SS also governs cash transactions.

Sourav (Student)     21 January 2021

You can pay maximum 10000 in cash but in excess of 10000 of payment in cash will be disallowed
you can receive upto 200000 rupees in a day in a single transaction u/s 269ST