alleryStart learning →A cash hotel or restaurant payment needs PAN quoting when the bill exceeds
ARs 50,000
BRs 10,000
CRs 1 lakh
DRs 2 lakh
Answer & Solution
Correct answer: A. Rs 50,000
Rule 114B applies to a cash payment against a hotel or restaurant bill exceeding Rs 50,000 at one time.
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