Cash Transactions limit under Income Tax
Managing cash transactions is a critical aspect of financial compliance for taxpayers in India. The Income Tax Act, 1961, stipulates …
cash transactions limit 2024
Cash Sale limit under GST/Income Tax
The Central Goods and Services Tax (CGST) Act 2017 does not explicitly restrict cash transactions. But there are certain Invoice …
Disallowance of cash expenses or limit on cash transactions 2024
In an effort to curb tax evasion, promote transparency, and encourage digital transactions, tax laws in many jurisdictions often impose …
