Refund of huse deposit

NO        

SO HE NEED TO TAKE 7 LAKH IN CAH AND 1 IN CHQ.

BUT HIS AGREEMENT WAS OF 8 LAKH SHOWING 7 IN CASH AND 1 IN CHQ.

THEN WHY HE COULD NOT ACCEPT THE SAME...

Now you cannot accept any cash of amount 2 lakhs (u/s. 269ST of IT act).......

You can accept total amount as cheque/bank transfer...... or max upto 1.999 lakhs by cash

SO HE NEED TO RECEIVE RS. UPTO 1.99LAKH IN CASH AND BAL IN CHQ. 

SHOULD HE ACCEPT THE WHOLE AMOUNT OF RS. 6.01 LAKH BY ONE CHQ. AND IN ONE ACCOUNT ONLY. OR THERE IS SOME OTHER WAY TO RECEIVE FROM INCOME TAX POINT OF VIEW?