Tag Archives: section 185

New Cash Transaction Limits Under the Income Tax Act 2025

By | February 16, 2025

Cash Transaction Limits Under the Income Tax Bill 2025 The Income Tax Bill 2025 introduces significant changes to cash transaction limits in India. This video provides a comprehensive overview of the new rules, covering: Restrictions on cash receipts (₹2 lakh limit) Limits on cash expenses for businesses (₹10,000/₹35,000) Rules for accepting and repaying loans in… Read More »

Income Declaration 2016 , Declaration & Tax Payment Date Notified

By | May 20, 2016

TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) New Delhi, the 19th May, 2016 NOTIFICATION S.O. 1830(E)- In exercise of the powers conferred by section 183, section 187 and section 190 of the Finance Act, 2016 (28 of 2016),… Read More »