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Thank you sir

Thank you Sir for reply.

I require a clarification regarding Pay order.

As you said If we take pay order there is no problem as per Income Tax Act, 1961. What I want to know is whether we have to take care that( in the point of seller) from whom the consideration is received i.e If buyer is B and her spouse A is taken Pay order and given to us but the property is sold to B. Is there any problem in the above transaction as per income tax i.e. In pay order we don't know from whose the amount is receiving? 

Is there any consequences as per Income Tax

As per amendments this year, From 1st June, 2015 if any transaction relating to immovable property, where advance is accepted by the seller in the form of cash then there is a penalty of 100%.

Is there any penalty on buyer for the amount paid by way of cash (Advance and Balance amount)?

Ex: A has sold the land to B for Rs.16,00,000 on 29/09/2015. B paid advance of Rs.4,00,000 on 1/09/2015 and Rs.12,00,000 on 29/09/2015 by way of cash. What are the penalties on Seller and Buyer as per amendment or as per Income Tax Act?

And if consideration is paid by way of Pay order. whether Pay order is considered as Account payee draft or not?

For Example, Mr.A is a recharge distributor. He will pay money to Telecom Companies and He will transfer his balance to retailers and get money from retailers. He will pay commission to retailers. Here whether he has to account for Gross amount as Turnover or Only Commission amount as Gross Receipts for Turnover Purpose?

Mr.A is only Recharge Distributor and he will not deal with Sale of Sim cards.

If there are any case laws relating to Recharge Distributor, Kindly mention the same for understanding purpose.