Section 269SS: no application where both depositor and recipient have only agricultural income and no taxable income. Section 269SS does not apply where both the depositor and the recipient derive only agricultural income and neither has any income chargeable to tax; this guidance is given in FAQs concerning disallowance of cash expenses and limits on cash transactions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Section 269SS: no application where both depositor and recipient have only agricultural income and no taxable income.
Section 269SS does not apply where both the depositor and the recipient derive only agricultural income and neither has any income chargeable to tax; this guidance is given in FAQs concerning disallowance of cash expenses and limits on cash transactions.
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