SECTION 269ST RECEIPTS ON SALE OF AGRI PRODUCE
This query is : Resolved
SUNIL KUMAR NARULA
(Querist)
21 March 2022
farmer sold his agricultural produce through kacha artia in May,2019 J form amounting to 5.00 Lakhs
and then in Oct.2019 J Form amounting to Rs.7.25 Lakhs. My Query in view of section 269ST are:-
1.Can he take all payment in cash of his sale of agricultural produce (both J Forms)
2.If not Can be take 1.95 Lakhs against each J-Form in Cash and balance by account payee cheque
and then in Oct.2019 J Form amounting to Rs.7.25 Lakhs. My Query in view of section 269ST are:-
1.Can he take all payment in cash of his sale of agricultural produce (both J Forms)
2.If not Can be take 1.95 Lakhs against each J-Form in Cash and balance by account payee cheque
CA R SEETHARAMAN
(Expert)
22 March 2022
1 No.
2 yes..............
2 yes..............
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