Restrictions on Cash transactions - Under the Provisions of Income Tax Law

Restrictions on Cash transactions - Under the Provisions of Income Tax Law

Rs. 796.00 Rs. 995.00
Author : Ram Dutt Sharma
Quantity
Add to wishlist
Delivery time: 3-4 business days
Free 7 days return

This 2nd Edition (2025) of Restrictions on Cash Transactions under the Provisions of Income Tax Law by Ram Dutt Sharma provides a clear and detailed explanation of the various restrictions, limits, and compliance requirements relating to cash transactions under the Income Tax Act, 1961, updated with all amendments introduced by the Finance Act, 2025.


The book is an essential guide for understanding the statutory provisions, penalties, and exceptions related to cash dealings, helping taxpayers and professionals ensure compliance and avoid legal consequences.


Key highlights include:

• Comprehensive coverage of Sections 40A(3), 269SS, 269ST, 269T, and other relevant provisions imposing restrictions on cash transactions

• Detailed analysis of threshold limits, modes of payment, and permissible exceptions

• Penalties for non-compliance under Sections 271D, 271E, and 271DA with illustrative cases

• Impact of Finance Act, 2025 amendments on cash transaction provisions

• Step-by-step guidance on permissible cash transactions in business, profession, and personal dealings

• Judicial pronouncements from Supreme Court, High Courts, and ITAT clarifying the scope of restrictions

• CBDT circulars and notifications for quick reference

• Special focus on cash loans, deposits, repayment restrictions, and provisions applicable to charitable institutions

• Practical compliance tips to avoid penalties and litigation

• Real-life examples illustrating applicability in different business scenarios


This edition is particularly valuable for:

• Chartered accountants, company secretaries, and tax consultants advising clients on cash compliance

• Business owners and professionals managing high-volume transactions

• Students of taxation and competitive exam aspirants

• Officials of the Income Tax Department handling assessments and penalty proceedings


With its practical approach, updated legal references, and illustrative guidance, this book is a must-have resource for anyone dealing with the implications of cash transactions under Indian income tax law.

 

Shipping & Returns

Shipping
Orders are shipped within 3–5 working days (exceptions may occur). Deliveries within Delhi usually take 3–5 working days post-shipment, while deliveries outside Delhi may take 4–5 working days. International shipping is not available at present. Once your package has been dispatched, you will receive a confirmation email with a tracking number to monitor your order.

Returns
We do not accept returns or exchanges for books once sold. A return or replacement is only possible if the book delivered is damaged or if the wrong book has been sent. In such cases, customers are requested to contact us within 7 days of delivery with order details and proof (such as a photo of the book). Refunds will be processed once the returned books are received and inspected, and the amount will be credited in the original form of payment within 7 working days. Shipping charges will not be refunded unless the return is due to our error.

Shipping & Returns

Shipping
Orders are shipped within 3–5 working days (exceptions may occur). Deliveries within Delhi usually take 3–5 working days post-shipment, while deliveries outside Delhi may take 4–5 working days. International shipping is not available at present. Once your package has been dispatched, you will receive a confirmation email with a tracking number to monitor your order.

Returns
We do not accept returns or exchanges for books once sold. A return or replacement is only possible if the book delivered is damaged or if the wrong book has been sent. In such cases, customers are requested to contact us within 7 days of delivery with order details and proof (such as a photo of the book). Refunds will be processed once the returned books are received and inspected, and the amount will be credited in the original form of payment within 7 working days. Shipping charges will not be refunded unless the return is due to our error.

Warranty

Your payment information is processed securely. We do not store your card details nor have access to your payment information.

We accept payments via Debit Cards, Credit Cards, UPI, Net Banking, and Cash on Delivery (COD) for your convenience.

Warranty

Your payment information is processed securely. We do not store your card details nor have access to your payment information.

We accept payments via Debit Cards, Credit Cards, UPI, Net Banking, and Cash on Delivery (COD) for your convenience.

Secure Payment

Your payment information is processed securely. We do not store your card details nor have access to your payment information.

We accept payments via Debit Cards, Credit Cards, UPI, Net Banking, and Cash on Delivery (COD) for your convenience.

Secure Payment

Your payment information is processed securely. We do not store your card details nor have access to your payment information.

We accept payments via Debit Cards, Credit Cards, UPI, Net Banking, and Cash on Delivery (COD) for your convenience.

About the author

Ram Dutt Sharma

Ram Dutt Sharma

Ram dutt sharma was born on 27th June, 1958 in Narnaul, Haryana. He got his post-graduate from M.D. University, Rohtak in 1980. He Join the Income Tax Department in the year 1983 and retired as Income Tax Officer on 30-06-2018, He Worked at Various Stations of North-West Region of Income Tax Department. He has wide Experience of all wings of Income Tax Department such as Assessment Units Special Range, TDS Wing, Investigation Wings etc. He has been Contributing articles and addressing on Topics Relating to Income Tax at NADT Regional Campus, Chandigarh & Bhopal. He has also addressed number of seminars Organized by the Income Tax Department, Chartered Accountants Advocate and various Trade Associations.

View Published Books

Related Products
Liquid error (sections/product-recommendations line 66): comparison of String with 0 failed