Penalty for receiving cash in contravention of payment-mode restrictions applies when transactions breach the statutory cash receipt threshold. Penalty under Section 271DA is imposed where a person receives cash of Rs.200,000 or more, or receives payment by a mode, in contravention of the prohibition on specified cash receipts set out in Section 269ST, targeting receipt-based violations and enforcing prescribed payment-mode compliance.
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Provisions expressly mentioned in the judgment/order text.
Penalty for receiving cash in contravention of payment-mode restrictions applies when transactions breach the statutory cash receipt threshold.
Penalty under Section 271DA is imposed where a person receives cash of Rs.200,000 or more, or receives payment by a mode, in contravention of the prohibition on specified cash receipts set out in Section 269ST, targeting receipt-based violations and enforcing prescribed payment-mode compliance.
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