. WHETHER ANY PENALTY IS LEVIABLE UNDER INCOME TAX ACT IF PURCHASE AMOUNT OF MORE THAN RS.20,000 IS PAID BY WAY OF CASH WHILE PURCHASING IMMOVABLE PROPERTY.
. WHETHER ANY PENALTY IS LEVIABLE UNDER INCOME TAX ACT IF PURCHASE AMOUNT OF MORE THAN RS.20,000 IS PAID BY WAY OF CASH WHILE PURCHASING IMMOVABLE PROPERTY.
No penalty would be attracted.
CAclubindia
