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269ST or 269SS

12 October 2023

If builder is accepting part of the price in cash in installment for selling shop then is it contravention of section 269ST or 269SS

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5 Replies

RAJA P M ("Do the Right Thing...!!!") (127196 Points)
Replied 13 October 2023

Query is not cleared...

Without value of amount how can we define the transaction affect the said sections...

sabyasachi mukherjee (26130 Points)
Replied 13 October 2023

Chk provisions of 269 SS

Ashwin Kumar (CA ipcc) (447 Points)
Replied 13 October 2023

Goppan mavane...just give the answer if you know Mr.mukharjee or shut up..you have been triggering a lot of people with stupid replies these past days...

SHIVANI KUDTARKAR (511 Points)
Replied 13 October 2023

Cash amount is more than 20000

sabyasachi mukherjee (26130 Points)
Replied 13 October 2023

One is sec 40(a) 3. payment in excess of Rs.20000 is a disallowance.
receipts per day above Rs.199999 above cannot be deposited in cash.

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