Assess maintenance two business(two business same proprietor).but assess 1st business closed.1st business cash on hand balance rs:10 lacs.
question:
Assess cash transfer rs:10 lacs cash mode 1st business to 2nd business transferred single payment this transaction sec 269 st provision applicable in I.t. act.
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Cash transfer
Replies (1)
No, section 269ST provision is not applicable
cash transfer through capital account
cash transfer through capital account
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