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29 wrz 2022 · Traders are not allowed to accept cash payments of 20,000 Danish kroner (approx. 2689 euros) or more. This does not apply to banks and other financial service providers. Traders are obliged to accept cash up to 20,000 kroner between 6 a.m. and 10 p.m. (in areas with a high crime rate until 8 p.m.).
- Sales Periods
Winter sales: 2 nd working Monday in July, commercial...
- Sales Periods
Traders are not allowed to accept cash payments of 20,000 Danish kroner (approx. 2689 euros) or more. This does not apply to banks and other financial service providers. Traders are obliged to accept cash up to 20,000 kroner between 6 a.m. and 10 p.m. (in areas with a high crime rate until 8 p.m.).
14 paź 2008 · Payment made to contractors by cash per day more than Rs 20000 but they have deducted TDS @ 1%. is this expenditure is allowed or not?
According to section 269SS, if a person is involved in transactions in immovable properties for cash more than Rs 20,000, they will be subjected to a 100 percent penalty. As part of the fine, they have to deposit the entire proceeds of the property sold to the Income Tax department.
13 lut 2019 · Receipt of cash payment by any person for sale of goods or supply of services of any nature exceeding Rs2,00,000: Any person who is liable for audit under section 44AB of the Act.
28 gru 2019 · As per Section 269ST, any person who enters into a transaction of Rs 2 Lakh or above in cash, will be liable to a penalty of an amount equivalent to the amount of transaction. For example : If you buy an expensive watch for cash worth Rs 7 Lakh, it is the shopkeeper who will have to pay the tax (penalty) of Rs 7 Lakh.
4 lip 2024 · Section 40A(3) is an additional amendment introduced to Section 40A in 2009 that restricts payment or receipts in cash beyond a certain threshold. The section disallows tax deductions on expenses above Rs. 10,000 made in cash in a single day to a single person.
