When to say NO to Cash transaction

 

  • Expenditure above Rs. 10000 - Disallowance u/s 40A   
  • No health insurance in cash except for preventive health checkup   
  •  Prohibition on Acceptance and Repayment on cash loan, Deposit, etc. above Rs. 20000
  • Disallowance on Capital expenditure and Depreciation above Rs.10,000   
  • Disallowance of scientific Research above Rs. 2000  
  •  Prohibition on Acceptance and Repayment on cash loan, Deposit, etc. above Rs. 20000 
  • No cash donation to Political parties or Electoral trust 
  • Receipt of Cash above Rs. 2,00,000
  • Donation above Rs. 2000  

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