Section 269st


Audit Assisstent

WHETHER AMOUNT INTRODUCED AND WITHDRAWN BY THE PARTNER OF A FIRM IN CASH IN OF ABOVE RS. 2,00,000/- IS LIABLE FOR THE PENALTY UNDER SECTION 269ST? IF EXEMPTED KINDLY GIVE ANY NOTIFICATION REGARDING THE SAME.


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in my opinion, 269st will applicable

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sec 269st shall be applivable in the hands of receipient nd panely shall be attracted equals to the amout receive by such person in cash otnerwize thn act payee cheque or draft
 
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no penalty will be levied
 
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