https://www.taxtmi.com/forum/issue?id=4825 Receiving sale consideration for immovable property in cash is not statutorily prohibited; however, sellers remain subject to tax reporting duties, banking disclosure and recordkeeping requirements, and should preserve documentary evidence of the sale and receipt. en-us Thu, 18 Oct 2012 09:40:45 +0530 Thu, 23 Jan 2025 15:57:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4825 Receiving sale consideration for immovable property in cash is not statutorily prohibited; however, sellers remain subject to tax reporting duties, banking disclosure and recordkeeping requirements, and should preserve documentary evidence of the sale and receipt. Discussion-Forum Companies Law Thu, 18 Oct 2012 09:40:45 +0530 https://www.taxtmi.com/forum/issue?id=4825