Cash transaction limit as per the new law in India | भारत मे नकद लेन देन पर रोक | रितुल पटवा

Link for Income tax rule 6DD as mentioned in the video- https://goo.gl/M3aAyc

----------------------------------------------------------------------------------

Hello Friends

In this video we are discussing some changes in government policies regarding cash transaction in India for F.Y. 2018-19:-

0:31 - Restriction on receiving 2 lakhs or more [Section 269SS& 271DA of the Income Tax Act, 1961]

4:24 - Restriction on acceptance or repayment of certain Loans, deposits & Specified sums of Rs. 20000/- or more [Section 269SS & 271DA of the Income Tax Act, 1961]

7:01 - Restriction on Capital Expenditure for Business in cash above Rs. 10000/- [Section 32 of the Income Tax Act, 1961]

9:20 - Restriction on Cash Donation above Rs. 2000/- received by Political Parties and Charitable Institution [Section 13A(i) of Income Tax Act, 1961]

10:00 - Lower Presumptive profit of 6% for Cheque/Digital Receipts by small businesses [Section 44AD of the Income Tax Act,1961]

----------------------------------------------------------------------------------

Видео Cash transaction limit as per the new law in India | भारत मे नकद लेन देन पर रोक | रितुल पटवा канала TAX Talk with Ritul Patwa