In respect of a single transaction for the Sales Inv value of Rs.2.5Lacs
Payments received in Ch Rs.1.9Lacs and Balance Cash Rs.60k
whether the transaction is attracted penalty u/s 269ST, Please guide.
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In respect of a single transaction payments received in cash and other than cash
Replies (1)
269ST is applicable wherein cash transaction is more than 2lac.
So in your case penalty is not applicable.
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