Скачать или смотреть Transaction of ₹ 2 lakhs or more in CASH will attract 100% penalty.

The Supreme Court directed the sub-registrars to report cash payments of Rs. 2 lakh and above in property deals to the income tax department. Whenever, a suit is filed with a claim that Rs. 2,00,000/- and above is paid by cash towards any transaction, the courts must intimate the same to the jurisdictional Income Tax Department to verify the transaction and the violation of Section 269ST of the Income Tax Act, if any.
In this video, we'll discuss section 269SS, section 269T and 269ST.
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