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Cash Transaction Tax

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28 April 2009 Where is applicable Cash Transaction Tax, what is the procedure.

Please give reply on sunil_kumar10520@yahoo.com
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
28 April 2009 Banking cash transaction tax is withdrawn from 1/4/2009.
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sunil

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sunil (Querist)
28 April 2009 Thank you so much for your reply.

Sunil
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sunil

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sunil (Querist)
28 April 2009 If any assessee paid Rs. 30,000/- in cash for purchase material (one party) than this amount disallow and he may have pay tax.

please give reply on sunil_kumar10520@yahoo.com
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
28 April 2009 Pl refer section 40A(3) of the Incometax act,1961 in www.incometaxindia.gov.in

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