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# 001/20171805.04.2017RESTRICTIONS ON CASH RECEIPTS & CASH PAYMENTS (W.E.F. 01042017)CASH RECEIPTS New Section 269ST No Cash Receipt of Rs 2 Lakh or More allowed No person shall receive an amount
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Restrictions on cash receipts refer to limitations or rules surrounding the collection and handling of cash payments.
Entities or individuals who receive cash payments need to file restrictions on cash receipts.
Restrictions on cash receipts can be filled out by providing detailed information on the source of cash payments, restrictions on how the cash can be used, and any relevant payment details.
The purpose of restrictions on cash receipts is to ensure transparency and accountability in the handling of cash payments.
Information that must be reported on restrictions on cash receipts includes the amount of cash received, the purpose of the cash payments, and any restrictions on how the cash can be used.
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