Cash Payment

This query is : Resolved 
Profile Image

Profile Image

(Querist)
09 February 2021 SIR
I am an individual Goods Transport Operator and have paid Rs.1500000/- by Cash to a party without the knowledge of Cash threshold limit.
Is it any problem?
Plz guide me sir
Thanks in adv
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
09 February 2021 Yes, equal amount of penalty leviable under section 269st.
Get back the money and pay through bank.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us

budget 26-27


Answer Query



Quick Links



Browse by Category