Cash transaction limit

if we have paid Rs.60,000/- of cash on different dates, is this called as contravention of Section 269ST?

please advise. 

Replies (3)

No person shall receive an amount of 2 Laks rupess or more ,by cash  section 269 ST . check  is it more than 2Lacs ?.

no its below 2lakhs.

 

No penalty

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