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Cash paid above 20,000 individual,

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 June 2012 Sir,s

I had purchased a site, cost Rs. 4,80,000-00, I have paid Rs. 1,00,000 as advance through cheque & remainig by hard cash, instead of paying it by cheque or DD.
Now I have a fear that, will it become any IT issues?
Request you to help on this issue.


Yours
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Ram Avtar Singh

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Ram Avtar Singh (Expert)
05 June 2012 You can pay less than 20000 in a day.
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