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Bill more than 2 lakh

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(Querist)
23 May 2017 SIR,

CAN THERE IS ANY VIOLATION IN INCOME TAX IF CASH RECD IN INSTALLMENT MORE THAN TWO LAKH FOR SINGLE BILL OF RS. 6 LAKH.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
23 May 2017 Yes it is violation of section 269ST equivalent amount penalty leviable.

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