Violation of sec 269 st
Kollipara Sundaraiah (B.com) (2963 Points)
10 March 20201. Cash receipt from debtor Date: 20.05.2019 Rs.1,90,000/-
2. Cash receipt from debtor Date:19.07.2019 Rs.1,90,000/-
3. Remaining balance cash receipt from debtor Date: 10.11.2019 Rs.1,20,000/- received.
total amount received through on cash mode.
Question:
above transactions violation ofsec 269 St and penality payable.