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SC Directs Courts & Registrars to Report ₹2 Lakh+ Cash Payments to IT Dept
Case Law Details
- Case Name
- RBANMS Educational Institution Vs B. Gunashekar & Another (Supreme Court of India)
- Appeal Number
- Only available for paid members
- Courts
- Supreme Court of India
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RBANMS Educational Institution Vs B. Gunashekar & Another (Supreme Court of India)
Supreme Court issued directions to all Courts including Registrar where any claim is made by any one of cash having been paid of Rs 2.00 lakh or above to report the same to jurisdictional Income Tax Deptt to verify the transaction and examine violation of Section 269ST of IT Act
Supreme Court while delivering a judgement where a suit was filed, issued directions to all Courts including Registrar where any claim is made by any one of cash having been paid of Rs 2.00 lakh or above to report the same to jurisdi...
Author Info
Sir-isn’t the Supreme Court, with due respect, erred in quoting the wrong sections- it’s section 269SS that’s applicable !!!