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    <title>SC issues slew of directions for implementation of Rs 2 lakh cap on cash transactions</title>
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    <description>The Supreme Court directed that courts and Sub-Registrars must notify the jurisdictional Income Tax Authority whenever pleadings or registration documents claim cash consideration at or above the statutory ceiling so the tax authority can verify the transaction, examine potential violation of Section 269ST, follow due process, and pursue penalty or disciplinary steps where registering officers fail to report such transactions.</description>
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