Bill more than 2 lakh
This query is : Resolved
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.
CAN THERE IS ANY VIOLATION IN INCOME TAX IF CASH RECD IN INSTALLMENT MORE THAN TWO LAKH FOR SINGLE BILL OF RS. 6 LAKH.
23 May 2017
Yes it is violation of section 269ST equivalent amount penalty leviable.
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