04 October 2019
Sir, One partnership firm One partner additional cash introduced rs. 6 lacs cash per day to firm Another partner cash withdrawals rs.4 lacs cash per day from firm Above two transactions allowed or violation of sec 269 St.
04 October 2019
yes it will be... because in sec 269ST recipient is defined as seller of goods or services, the transferor of capital asset and any other person.
Above transactions are covered via any other person.
CAclubindia
