Do you know the limitations on money deals under tax guidelines? To be able to look at the usage and blood circulation of black colored cash, successive governments happen placing increasingly more restriction on money deals.

Do you know the limitations on money deals under tax guidelines? To be able to look at the usage and blood circulation of black colored cash, successive governments happen placing increasingly more restriction on money deals.

So that you can check out the usage and blood supply of black cash, successive governments have now been placing more limitation on money transactions. Right right right Here we relates to various limitations positioned on money deals under tax legislation.

Disallowance relevant to self-employed for company expenses if compensated in money: Self-employed income tax payers cannot claim any spending beyond Rs. 10,000/- if covered in money to someone on a day that is single. Continue reading