Cash payment of rich traders

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properter
254 Points Joined April 2017

             Mr. A HAVERUN FOR PADDY/ RICH TRADERS. HE PURCHASES FOR THE ASST-YEAR 2018-19 BY SELF VOUCHER

 AND CASH PAYMENT OF EACH OF VALUE OF 1.25LAKS  FROM AGRICULTURIST. THIS PURCHASES AND PAYMENT IS RIGHT AS PER INCOME TAX PROVISIONS OF LIMIT OF CASH PURCHASES OF FORM  NO.3CD POINT NO, 31 U.S 269ST 

THANKS

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On 20 September 2018 at 17:27 Report
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CA Practice
184 Points Joined September 2013
The limitation of amount of Rs. 2.00 lakhs in sec 269ST is not applicable to agriculturists. circular no. 27/2017 dt. 3.11.2017.
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On 23 September 2018 at 12:16
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owner
312 Points Joined January 2018

I think, no relief to agriculturalist u/s. 269ST.

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On 23 September 2018 at 15:05
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CS
425 Points Joined August 2015
269st not applicable on agriculturist
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On 23 September 2018 at 15:21


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