Any transaction of Rs. 200000 & above in cash to be reported to Income Tax Department – SC
April 17, 2025
Income Tax, Supreme Court
Any transaction of Rs. 2,00,000/- and above in cash to be reported to Income Tax Department – Supreme Court In a recent judgment, the Hon’ble Supreme Court have directed that whenever Rs. 2,00,000/- and above is paid by cash towards any transaction i.e. immovable property or otherwise, the …