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269ST

261 views 6 replies
what is single transaction ? please give explanation.
Replies (6)
Single Transaction means if any person received cash above 2 Lac in single take
if we making invoice worth 5 lakh...
and amount received 3 equal installments.. ? is this transaction is single transaction ?
Yes........
Yes... I agreed to Mr Jatin...

As per above way sec 269st is levied.
if we making 5 invoices 50000 RS each... ( 250000) .. amount received 5 equal installments .. this also covered I/s 269st
As per my view., No as per your view. But, If you receive single take then it's kick the sec...


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