269st income tax

chaudhary.akanksha77@gmail.com   18 May 2019


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Hi, does income tax penalty apply under section 269st if I withdraw 3 lacs from my savings account using self cheque


Avtar Singh   18 May 2019

Avtar Singh

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Not at all because you are not making payment again st any bill/one transactions

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Arihant J   30 July 2019

Arihant J

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no u cannot withdraw 300000 in a day.... 269st say
no person can receive amount of 200000 or more in aggregate in a day from a person

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