Cash transaction limit to allow in Agricultural land buy at a time of Registry

Kuldeep Singh (199 Points)

14 September 2024  

I have planned to buy Agricultural land from seller and Registry or consideration amount will be 10,00,000.

so i want to give 6 lakhs by Demand Draft and 4 lakhs by cash.  is cash trasaction shown over 2 lakh possible at time of  registry ?

How can i show cash amount over 2 lakhs in this deal ? can i show two transactions of Rs 2 lakhs each in single month or should i show in different months ?