Search Results for Tag : Cash Transaction

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SC: If Suits Mention Cash Transactions Above ?2 Lakh, Court Must Report it to IT Department(17.04.2025)

SC has observed that whenever, a suit is filed with a claim that Rs. 2,00,000 and above is paid by cash towards any transaction, courts must intimate .....

Tags : Supreme Court, Cash Transactions, IT Department

Top Pvt Banks Slap Charges on Cash Transactions, Caps Free Transactions(02.03.2017)

Banks including HDFC, ICICI, Axis began charging a minimum amount of Rs 150 per transaction for cash deposits and withdrawals beyond four free transac.....

Tags : Banks, Cash Transactions

Ker HC: Debt Created by Cash Above Rs.20,000 in Violation of IT Act Isn’t “Legally Enforceable Debt”(28.07.2025)

Kerala High Court has observed that debt created by a cash transaction above Rs.20,000/- in violation of the provisions of Income-Tax Act, 1961 is not.....

Tags : Kerala High Court, Cash Transaction, Legally Enforceable Debt

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Government bans cash transactions above Rs. 3 Lacs w.e.f. 1st April 2017(01.02.2017)

The Union Government in its the budget for the Year 2017-2018 has yet again cracked the whip on black money by declaring that all cash transactions ov.....

Tags : Cash transaction, Limit

Government bans cash transactions above Rs. 3 Lacs w.e.f. 1st April 2017(01.02.2017)

The Union Government in its the budget for the Year 2017-2018 has yet again cracked the whip on black money by declaring that all cash transactions ov.....

Tags : Cash transaction, Limit