Tag Archives: FAQ on Cash receipt of Rs 2 Lakh

Section 269ST – Cash Receipt Rs 2 Lakh or more Banned w.e.f 01.04.2017

By | June 2, 2017

Section 269ST – Cash Receipt Rs 2 Lakh Banned w.e.f 01.04.2017  Section 269ST of Income Tax Act of India has been inserted by Finance Act 2017 w.e.f 01.04.2017 . It provided restriction on Cash Receipt of Rs 2 Lakh or more.  This provision being new, there is still a lot of confusion and curiosity among people from… Read More »