Tag Archives: Cash

Section 194N Income Tax :TDS on Payment of certain amounts in cash by Banks/Post offices

By | July 6, 2019

Section 194N Income Tax : Payment of certain amounts in cash Finance Act 2019 inserted Section 194N of Income Tax Act with effect from the 1st day of September, 2019: Payment of certain amounts in cash. This has been amended by Finance Act 2020  from 01.07.2020 (refer 1.6 below) 1.0 Video Explanation of Section 194N… Read More »

Cash Limits for Bank Accounts by Income Tax Department

By | April 13, 2019

Cash Limits for Bank Accounts by Income Tax Department नकद सीमा [Video ]Cash Receipt Limit in Income Tax w.e.f 01.04.2017 :section 269ST : News [ Part 16] : TaxHeal.com Limit &; Penalty on Cash Transaction w.e.f 01.04.2017 -Income Tax ( India) Section 269ST ; Cash Receipt Rs 2 Lakh or more Banned w.e.f 01.04.2017 Restricting… Read More »