19 June 2018
Suppose Mr. A issues a bill of Rs 2,20,000 to Mr. B ..............so transaction value is Rs 220000........now Mr. b makes payment of 1,60,000 by cheque & 60000 by cash (same day)......whether it would be violation of 269ST & would attract penalty u/s 271D????????
What if 1,60,000 by cheque is made on different date from 60,000 made in cash ??????Would it make any difference ????
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