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What Happens When You Violate Section 269ST Cash Restrictions?

Section 269ST of the Income Tax Act, 1961, imposes strict restrictions on cash transactions to curb black money, promote digital payments, and ensure transparency in financial dealings. Non-compliance with this section attracts severe penalties under Section 271DA. Below is

Non-Compliance with Section 269ST? Here Are the Penalty Rules

“Simplified Tax Rules for Small Businesses Under Section 44AD”

Introduction Small businesses often face challenges in maintaining detailed records and complying with complex tax regulations. To simplify the taxation process, the Income Tax Act, 1961, introduced presumptive taxation under Section 44AD. This scheme allows small businesses to calculate

Tag: digital payments

What Happens When You Violate Section 269ST Cash Restrictions?

Non-Compliance with Section 269ST? Here Are the Penalty Rules

“Simplified Tax Rules for Small Businesses Under Section 44AD”

Explore

Contact

Tag: digital payments

What Happens When You Violate Section 269ST Cash Restrictions?

Non-Compliance with Section 269ST? Here Are the Penalty Rules

“Simplified Tax Rules for Small Businesses Under Section 44AD”

Explore

Contact

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