Cash Payment
This query is : Resolved
09 February 2021
SIR
I am an individual Goods Transport Operator and have paid Rs.1500000/- by Cash to a party without the knowledge of Cash threshold limit.
Is it any problem?
Plz guide me sir
Thanks in adv
I am an individual Goods Transport Operator and have paid Rs.1500000/- by Cash to a party without the knowledge of Cash threshold limit.
Is it any problem?
Plz guide me sir
Thanks in adv
09 February 2021
Yes, equal amount of penalty leviable under section 269st.
Get back the money and pay through bank.
Get back the money and pay through bank.
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