21 March 2022
farmer sold his agricultural produce through kacha artia in May,2019 J form amounting to 5.00 Lakhs and then in Oct.2019 J Form amounting to Rs.7.25 Lakhs. My Query in view of section 269ST are:-
1.Can he take all payment in cash of his sale of agricultural produce (both J Forms)
2.If not Can be take 1.95 Lakhs against each J-Form in Cash and balance by account payee cheque
CAclubindia
