Pan no for cash purchase and sale

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 June 2015 As per budget 2015, quoting of PAN No for purchase and sale for more than Rs. 100000/-

Is this means assessee cannot sale his trading goods in cash for more than Rs. 100000/- ???????????

Is assessee does sale in cash, what and how much penalty is there and under which section??????

Effective date of this amendment?????

with regards

17 June 2015 Effective date yet to be notified.


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