Tag Archives: cash transaction limit in income tax

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

By | December 15, 2018

Section 269ST – Cash Receipt Rs 2 Lakh Banned w.e.f 01.04.2017 Section 269ST Income Tax Act 1961 : Finance Act 2017 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… Read More »