Provision of section 269st


30 June 2017 Hello,
I am a Civil Contractor. If I receive amount more than Rs. 200000.00 in the year 2017-18 against the various bills raised by me on various dated to a person. Shall I liable for penalty under Section 269ST of Income tax Act?


01 July 2017 https://www.taxmann.com/login.aspx?ReturnUrl=%2ftopstories%2f105010000000014353%2ffurnishing-of-statement-of-financial-transaction-under-rule-114e-and-section-269st-–-a-comparison.aspx

01 July 2017 Kindly provide your mail ID

03 July 2017 hzf.tinwala@gmail.com

03 July 2017 Check your mail ID

04 July 2017 If I raise monthly Bills against single work order of Rs 4, 5 6 lacs and every month I receives the amount of Rs. 150000-180000 against every bill on various dated. Shall I liable for penalty under Section 269ST of Income tax Act?


04 July 2017 The mail which I had send you is with example kindly follow that


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 07 July 2026
Articleship

Jawahar and Associates Chartered Accountants

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
Featured 16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT, CA SemiQualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
ARTICLESHIP 10 July 2026
Article Assistant

N S Gokhale & Co

Thane

CA Inter

View Details