if one sells goods worth rs 4,50,000 through three different bills three different days of Rs 1,50,000 each to one person and accepts Cash each day rs 10000 45 days
Sec 269. ST IS APPLICABLE IN THE. FOLLOWING CASES A).RS 199999 I CASH OR MORE THAN THAT CAN BE DEPOSITED IN A SCHEDULED BANK PER DAY PER PERSON. SEC 40 (A) (3) VIOLATION IS THERE. IN CASE ANY EXPENDITURE MADE IN EXCESS OF 10000.