Cash payment to farmers?
ANKIT KUMAR (14 Points)
17 March 2021ANKIT KUMAR (14 Points)
17 March 2021
CA. Sourav Sarkar
(Chartered Accountant )
(24578 Points)
Replied 17 March 2021
Akshay Poriya
((artical assistant))
(313 Points)
Replied 19 March 2021
anil jain
(Partner)
(1067 Points)
Replied 19 March 2021
269SS is for loan/deposits.
what is your exact query.
following cash payment is allowed without limit under rule 6DD.
where the payment is made for the purchase of— |
(i) | agricultural or forest produce; or | |
(ii) | the produce of animal husbandry (including livestock, meat, hides and skins) or dairy or poultry farming; or | |
(iii) | fish or fish products; or | |
(iv) | the products of horticulture or apiculture, |
to the cultivator, grower or producer of such articles, produce or products; |