Menu
Cash transaction under sec 269st
i am construction material supplier,a customer come in 5 times in month purchase rs 50000 per time (total 50000*5=250000)in cash.is sec 269st violating? thanks in advance.
Replies (2)
No you are not violating.
Not violating, if you received cash Rs. 50,000 every time...
If you received total cash Rs. 2,50,000 on single day, than its violation of Sec. 269ST
If you received total cash Rs. 2,50,000 on single day, than its violation of Sec. 269ST
Recent Topic
- Cancelled invoice entry
- Debt Mutual Fund Tax in New Regime
- Amount distributed by a Co-op. Hsg Society to its
- Delayed reported invoice in GSTR1
- Kusumgar IPO Listing Date: Shares Debut on BSE, NS
- When is Diwali in 2026? Date, Muhurat Timing and D
- Amount received by son from PPF closure proceeds o
- Clarification on Nature of Payment Code for NRI Pr
- Fee received as Independent Director
- Correct way to show income from annuity in ITR
Related Topics
CAclubindia
