269ST or 269SS

If builder is accepting part of the price in cash in installment for selling shop then is it contravention of section 269ST or 269SS
Replies (5)
Quick Summary
This discussion explores whether a builder accepting cash instalments for a shop sale, where individual payments exceed £20,000, contravenes Sections 269ST or 269SS. Participants debate the applicability of these sections based on transaction value and daily receipt limits, also referencing Section 40(a)(3) regarding disallowances for payments over £20,000.

Query is not cleared...

Without value of amount how can we define the transaction affect the said sections...
Chk provisions of 269 SS
Goppan mavane...just give the answer if you know Mr.mukharjee or shut up..you have been triggering a lot of people with stupid replies these past days...
Cash amount is more than 20000
One is sec 40(a) 3. payment in excess of Rs.20000 is a disallowance.
receipts per day above Rs.199999 above cannot be deposited in cash.

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