Regarding 269st section

This discussion clarifies the applicability of Section 269ST of the Income Tax Act regarding cash payments. A user inquired if Section 269ST would apply to a total bill amount of ₹2,60,000 paid partly in cash and partly via NEFT. The consensus reached is that Section 269ST, which prohibits cash receipts exceeding ₹2 Lakhs in a single day or for a single transaction, would not be contravened in this scenario due to the payment method and breakdown.