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

Restrictions on Cash Transactions – Under the Provisions of Income Tax Law is an authoritative resource for tax professionals, auditors, corporate finance teams, and legal advisors navigating statutory restrictions on cash dealings. The book explains provisions under the Income Tax Act, including Sections 269SS and 269T, which limit cash transactions and outline compliance procedures.

It provides detailed guidance on reporting obligations, high-value cash payment restrictions, penalties for violations, and corporate compliance practices, making it a practical reference for businesses and professionals. The book also includes examples, case studies, and checklists to help professionals ensure compliance, avoid penalties, and manage risks associated with cash transactions.

Designed for both practitioners and students, the book integrates statutory provisions with practical insights, enabling readers to understand the nuances of cash transaction restrictions and navigate the legal framework efficiently. It is particularly valuable for chartered accountants, tax consultants, corporate finance officers, auditors, and law students specializing in taxation.

This resource provides a complete, practice-oriented approach to understanding and complying with cash transaction limitations under Indian tax law, combining legal clarity, procedural guidance, and actionable solutions.