Acceptance of cash transaction

should follow 69st

yes, u/s269ST
NO person shall receive an amount of two lakh (2,00,000)rupees or more -
a. in aggregate from a person in a day ; OR
b. in respect of a single transaction; OR
c. in respect of transaction relating to one event or occasion from a person
OTHERWISE THEN BY account payee cheque or account payee bank draft or through electronic clearing system through a bank account

payment u/s 40A(3)
where the assessee incurs any expenditure, in respect of which payment or aggregate of payments made to a person in a day OTHERWISE THEN BY ACCOUNT PAYEE CHEQUE OR ACCOUNT PAYEE BANK DRAFT OR USE OF ELECTRONIC CLEARING SYSTEM THROUGH A BANK ACCOUNT. EXCEEDS RS 10,000,
SUCH EXPENDITURE SHALL NOT BE ALLOWED AS A DEDUCTION