Restriction for cash receipts u/s 269ST

CA Darshan Soni (D.P.BARBHAYA & ASSOCIATES)   (150 Points)

03 June 2021  
As there is cash limit of 200000 for single transaction. is it possible to accept cash as follows.

inv no. 1 of 250000/- . payment received as 100000/- via RTGS and 150000/- in cash.

inv no. 2 is of 225000/- . payment received as 100000/- via RTGS and 125000/- in cash.

is it permissible as per 269ST?