Section 269ST in case of rent receive less than 2,00,000 per month

Save Share

This query is : Resolved

Quick Summary

This discussion addresses whether receiving rent of ₹40,000 per month in cash violates Section 269ST of the Income Tax Act. While it's a debatable point, the consensus leans towards it being a single event, potentially making the section applicable. The query also touches upon whether TDS has been deducted by the tenant.

NIKHIL GUPTA

NIKHIL GUPTA (Querist)
Follow

31 July 2023 I am receiving Rent Rs.40,000 per month in cash. Is it violation of 269ST??

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

31 July 2023 Though it is disputable issue, but it is considered as single event and hence the section is liable. Whether any TDS has been deducted by tenant?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

11 September 2024 Good Luck.

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