Applicability of Section 269ST of Income Tax Act,1961
This query is : Resolved
Panna Raj S
(Querist)
29 September 2025
Weather the Section 269ST applicable for Business entity for normal business purchase and sales.
29 September 2025
Yes ✅, Section 269ST of the Income Tax Act, 1961 applies to all persons — including business entities — not just individuals. That means even for normal business transactions of purchase and sale, the section is applicable.
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