https://www.taxtmi.com/forum/issue?id=117977 Section 269ST prohibits receipt of cash above a prescribed threshold except by account payee cheque, bank draft, electronic clearing through a bank account, or other prescribed electronic modes, applying where the amount is received in aggregate from a person in a day, in a single transaction, or in transactions relating to one event or occasion. Periodic modest monthly withdrawals by a partner, taken individually and not aggregated as a single transaction or tied to a single event, do not fall within those prohibited configurations. en-us Wed, 01 Jun 2022 13:20:50 +0530 Thu, 23 Jan 2025 15:54:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117977 Section 269ST prohibits receipt of cash above a prescribed threshold except by account payee cheque, bank draft, electronic clearing through a bank account, or other prescribed electronic modes, applying where the amount is received in aggregate from a person in a day, in a single transaction, or in transactions relating to one event or occasion. Periodic modest monthly withdrawals by a partner, taken individually and not aggregated as a single transaction or tied to a single event, do not fall within those prohibited configurations. Discussion-Forum Income Tax Wed, 01 Jun 2022 13:20:50 +0530 https://www.taxtmi.com/forum/issue?id=117977