allegationSaid on 2026-11-09
A woman who received Rs 2 lakh in cash as her share of a property sale was penalised under Section 271DA of the Income Tax Act for violating cash transaction rules.
A allegation by thefinancialexpressonline, said on 2026-11-09. Statements are as reported by the cited publishers — not verified by DecisionGateway.
A woman who received Rs 2 lakh in cash as her share of a property sale was penalised under Section 271DA of the Income Tax Act for violating cash transaction rules.
Related claims
The ruling highlights why the correct legal provision matters when the tax department examines cash transactions involving property sales.thefinancialexpressonline · statementA woman declared Rs 13.17 crore income in her ITR and then challenged it, and ITAT ruled on the matter.thefinancialexpressonline · statementThe Income Tax Appellate Tribunal held that the receipt fell within the scope of Section 269SS and was excluded from Section 269ST.thefinancialexpressonline · statementHer real estate, which was subjected to sanctions, was acquired lawfully, by inheritance.Марина Таубер · statementThe luring was part of a scheme to fraudulently obtain more than S$6 million in mortgage loans.allegedly · allegationThe rulings contain conclusions on the invalidity of a transaction aimed at alienating a share in a company's charter capital contrary to an asset-freezing sanction, and on applying the consequences of such a transaction.Огляд актуальної судової практики Касаційного господарського суду у складі Верховного Суду · statement
More claims by thefinancialexpressonline
AI stocks are under pressure after the US midterms.statementA woman declared Rs 13.17 crore income in her ITR and then challenged it, and ITAT ruled on the matter.statementLG Electronics India's Rs 4,300 crore capex and Sri City plant could unlock 20% gains.predictionA 99.6% onion price spike and El Nino risks may pose challenges to the RBI's December rate decision.predictionBrent crude fell below $90 for the first time since August on hopes of de-escalation in the Iran war.statement
All claims by thefinancialexpressonline