Скачать или смотреть Never Pay Cash While Buying a Car! Income Tax Rule You Must Know Before Buying a Car

Planning to buy a new car like Tata Sierra in 2026 — or any car in India?
Then never pay the down payment in cash. ⚠️

In India, if you make a cash payment above ₹2 lakh in a single day, you violate Income Tax Section 269ST.

What happens if you break this rule?

You can face a 100% tax penalty

Paid ₹5 lakh in cash? 👉 ₹5 lakh penalty

This rule doesn’t apply only to cars.
It also applies to:
Wedding expenses
Land purchases
House payments
Any large cash transaction

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Just a heads-up: I don't have a finance degree — just someone who loves researching and sharing what helped me. Always do your own homework
before investing!

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