Is sec 269ST of income tax (cash transactions 2 lacs) applicable even where there are multiple sale bills to a single party and none of the individual bills exceed Rs. 200000.00 and all the payment is received in the cash over a period of time.
Sec 269st of income tax act,
HEMANTH RANKA (Tax & Financial Consultants) (360 Points)
29 August 2017
CAclubindia
