Section 269st cash recipt
This query is : Resolved
08 February 2022
Any individual who violates the provisions provided under section 269ST of income tax act by receiving in cash amount of Rs. 2 lakh or exceeding rs .2 lakhs shall be liable to pay a particular sum of amount as penalty for the violation.
Means ; can we receive Rs.2,00,000/- or 1,99,999/-
Means ; can we receive Rs.2,00,000/- or 1,99,999/-
08 February 2022
Any thing less than Rs. 2 lakhs...
08 February 2022
thank you sir for your immediate reply
08 February 2022
Most Welcome ...
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