CA Vinay Kawdia has examined the entire law applicable to sections 269ST and 271DA of the Income-tax Act, 1961. These provisions were inserted by the Finance Act 2017 to prohibit specified cash transactions and levy a penalty for contravention. The author has analyzed numerous judgements and explained with clarity the precise impact of these provisions
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Tag: Cash Transactions
Surgical Strike On Cash Transactions (Analysis Of Sections 269ST & 271DA Of The Income-tax Act, 1961)
The numerous amendments made by the Finance Act 2017 to curb the usage of cash in business transactions has serious implications for taxpayers. CA Jyoti Gupta has conducted a systematic analysis of these provisions with special emphasis on sections 269ST and 271DA and explained all of their nuances
Tagged with: 1961, CA Jyoti Gupta, Cash Transactions, Finance Act 2017, Income-tax Act, sections 269ST and 271DA