Please clarify whether the limit of 200,000 specified u/s 285ba of income tax act is on per transaction basis or in aggregate for the year as at one place it was specified that all transactions of same nature should be clubbed.......hence please clarify
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Form 61a
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PER TRANSACTION
PAYMENT OF RS 2,00,000 AGAINST ONE INVOICE
THEN IT IS APPLICABLE TO YOU
For sale or purchase, by any person, of goods or services of any nature it is obligatory to quote PAN for amount exceeding two lakh rupees per transaction.
THANKS A LOT......
WELCOME 
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