Cash receipt in excess of 3 Lakh.

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..... Cash receipt in excess of 3 Lakh.
Query (Issue) Started By: - CA AJAY KUMAR AGRAWAL Dated:- 8-2-2017 Last Reply Date:- 10-2-2017 Income Tax
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Income Tax
As per proposal in Finan .....

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..... ce Bill 2017, a new section 269ST has been inserted prohibiting receipt of cash in excess of ₹ 3 Lakh. Banks / FIs / NBFCs have been exempted. (I feel these are exempted in both capacity i.e .as .....

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..... payer & payee as well) Whether cash withdrawal from bank (by ordinary person) in excess of ₹ 3 Lakh is also covered? Reply By MARIAPPAN GOVINDARAJAN: The Reply: Clarification in this regard i .....

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..... s expected from RBI
Discussion Forum - Knowledge Sharing .....

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