https://www.taxtmi.com/manuals?id=1650 Section 269ST prohibits receipt of two lakh rupees or more otherwise than by account payee cheque, account payee bank draft, electronic clearing system through a bank account, or other prescribed electronic modes, where the amount is received in aggregate from a person in a day, for a single transaction, or for transactions relating to one event or occasion. Section 271DA prescribes a penalty equal to the amount received in contravention, subject to a defence of good and sufficient reasons. en-us Mon, 24 Jul 2017 17:57:00 +0530 Fri, 26 Jun 2026 13:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1650 Section 269ST prohibits receipt of two lakh rupees or more otherwise than by account payee cheque, account payee bank draft, electronic clearing system through a bank account, or other prescribed electronic modes, where the amount is received in aggregate from a person in a day, for a single transaction, or for transactions relating to one event or occasion. Section 271DA prescribes a penalty equal to the amount received in contravention, subject to a defence of good and sufficient reasons. Manuals Income Tax Mon, 24 Jul 2017 17:57:00 +0530 https://www.taxtmi.com/manuals?id=1650