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Income tax new rules cash transactions

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Here are some crucial things to remember when storing cash-: If you make more than Rs. 20 lakh in cash in a financial year, you may be fined. If you need to deposit or withdraw more than Rs.50,000, you must provide the bank with your PAN details. If a person deposits more than Rs.50,000, you must provide the bank with your PAN details. If a person deposits more than Rs.1,20,000, he or she must provide PAN and Aadhaar cards. You are not permitted to spend more than Rs.2 lakh in cash. If you buy something worth more t...

Tax Consultancy

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We are consulting based in new delhi, india providing outsourcing services in the field finance & Accounting outsourcing along with taxation, consultancy and financial management services to variety of client across the globe. Our taxation consultancy solutions provide absolute control our client enabling them to align their strategies with the constant change in tax policies and regulations. Complex issues are handled effectively by our highly efficient team of professionals.