An overview and understanding of Section 269ST on cash deposits

Ramadurai Chandrasekaran | Last updated: 24 March 2018

Save Share

Section 269ST of the Income Tax Act, 1961 was introduced in the Finance Act 2017. The section seeks to minimise or reduce cash receipts. To quote from the press note issued by the Finance Ministry, Various legislative steps have been taken by the Finance Act, 2017 to curb black money by discourag

Daily Limit Reached

You have reached your daily limit of 2 Free Articles

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?

No Ads
WhatsApp Community
Daily E-Newsletter
Unlimited Articles Access
Profile Visitors
Link Social Profiles
Featured Job Posts
Pro Badge
Expert GST Guidance
Unlimited Forum Replies
Download Content in PDF

BEST VALUE

2 YEAR PLAN

3,499

(Excl. of GST ₹629)

1 YEAR PLAN

1,999

(Excl. of GST ₹359)

3 MONTHS PLAN

999

(Excl of GST ₹179)

View all CCI PRO benfits

Already a PRO member? Login here for an ad-free experience.

47767 Views 26 Likes Comment Share Income Tax Report

About the Author

Ramadurai Chandrasekaran

CA Job

I am Ramadurai Chandrasekaran,a Chartered Accountant with additional qualifications as a Cost Accountant. After being in the industry for more than 27 years, and more recently with Tata Power in their overseas assignment as CFO, i had to return to India for personal reasons. I have set up my practice as a Chartered ... Read more

View Articles

Comments :

An overview and understanding of Section 269ST on cash deposits

You have reached your daily limit of 2 Free Articles

Why Upgrade to CCI PRO?

Ramadurai Chandrasekaran

Related Articles

Popular Articles

Trending Online Classes

Browse by Category