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specified financial transaction(direct tax)
a person who is liable to audit under section 44ab has made cash sale equivalent to 240000 but this cash sale is made to three different person for rs 80000 each whether he is liable to report anything in specified financial transaction report.
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a person who is liable to audit under section 44ab has no transaction in cash exceeding 2 lakh, he is required to report anything under specified financial transaction reporting or not?
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