Income Tax Act પ્રમાણે આવા સંજોગોમાં Cash Transactionsથી નુકસાન થશે | Sachu Kau скачать в хорошем качестве

Income Tax Act પ્રમાણે આવા સંજોગોમાં Cash Transactionsથી નુકસાન થશે | Sachu Kau

Follow Me On - Whatsapp Group for Links to all new Videos - https://chat.whatsapp.com/EVupJj51JPj... Arattai Channel for Links to all new Videos - https://aratt.ai/@goonjt Facebook -   / sachukaugoonj   Instagram -   / thappadkigoonj   Youtube -    / @sachukau   In this episode of Sachu Kau, Goonj Thakkar discusses the decline in cash usage in India and the penalties associated with various cash transactions as per the Income Tax Department. Key points include: 👉🏻The Cash Usage Indicator (CUI) shows a significant decline in cash usage, from 81%-86% in 2021 to 52%-60% in 2024. 👉🏻UPI transactions reached Rs. 25 Lakh Crore by July 2025. 👉🏻Penalties for many cash transactions are 100% of the transaction amount. 👉🏻Section 269SS: Prohibits accepting cash loans, deposits, or payments against immovable property of Rs. 20,000 or more. Exemptions include banking companies, post office savings banks, government corporations, and people earning agricultural income. 👉🏻Section 269ST: Prohibits receiving payments of Rs. 2 Lakh or more per day, per transaction, or for a single event in cash. Exemptions include banking companies, post office savings banks, and cooperative banks. 👉🏻Section 40A (Disallowance as Expenses): Cash payments of Rs. 10,000 or more in a day cannot be deducted as expenses. The limit is increased to Rs. 35,000 for transport/goods carriage hiring. 👉🏻Section 43 (No Depreciation): No depreciation can be claimed on capital expenses if the payment exceeding Rs. 10,000 was made in cash.