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grain trader cash payment limit
Sir I'm grain trader and daily purchasing 5 lakh rupees grains from different farmers, how much i can do cash payment to them all amount 5 lakh or only 2 lakh per day?
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Section 269ST of Income Tax Act. Section 269ST of Income Tax Act provides that no person can receive an amount of INR 2 Lakhs or more in cash: In aggregate from a person in a day; In respect of any single transaction.....
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