Section - 269ST - Mode of undertaking transactions
Mode of undertaking transactions.269ST. No person shall receive an amount of two lakh rupees or more-
(a)
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in aggregate from a person in a day; or
(b)
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in respect of a single transaction; or
(c)
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in respect of transactions relating to one event or occasion from a person,
otherwise than by an account payee cheque or an account payee bank draft or use of electronic clearing system through a bank account or through such other electronic mode as may be prescribed:Provided that the provisions of this section shall not apply to-