https://www.taxtmi.com/article/detailed?id=6206 Proposed amendments expand the requirement that specified receipts and repayments be effected by account payee cheque, draft or electronic banking to include property transactions; the author recommends raising the long unchanged cash limits to reflect inflation and modern banking access, and urges extension of the non cash requirement to trade advances and agricultural payments above defined thresholds, with affected parties required to conduct transactions through banking channels. en-us Thu, 09 Apr 2015 05:53:59 +0530 Thu, 09 Apr 2015 05:53:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6206 Proposed amendments expand the requirement that specified receipts and repayments be effected by account payee cheque, draft or electronic banking to include property transactions; the author recommends raising the long unchanged cash limits to reflect inflation and modern banking access, and urges extension of the non cash requirement to trade advances and agricultural payments above defined thresholds, with affected parties required to conduct transactions through banking channels. Articles Income Tax Thu, 09 Apr 2015 05:53:59 +0530 https://www.taxtmi.com/article/detailed?id=6206