Can i receive Tuition Fee partly in Cash and partly in the form of cheque/DD/RTGS/NEFT/ONLINE PAYMENT for which Total Fee for course iS Rs.247500 Per year
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What is the effect of section 269ST of IT ACT for receiving tuition fee above Rs.200000
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Yes, but practically it will be difficult to prove the cash deposits (though below 2 lakhs) of each & every students, if you are running tution classesII!
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