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    Tag: Income Tax authority

    Supreme Court Directs Strict Implementation of Rs.2 Lakh Cap on Cash Transactions: "Once a Law Is Enacted, It Must Be Enforced"
    Supreme Court Directs Strict Implementation of Rs.2 Lakh Cap on Cash Transactions: "Once a Law Is Enacted, It Must Be Enforced"
    Supreme Court

    Supreme Court Directs Strict Implementation of Rs.2 Lakh Limit on Cash Transactions: “Once a Law Is Enacted, It Must Be Enforced”

    The Supreme Court has issued directions for strict implementation of the Rs.2 lakh limit on cash transactions, which was introduced by the government under the Finance Act, 2017, and came into effect from April 1, 2017.

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    By Monalisha Sethi
    17 April 2025, 11:53 AM17 April 2025, 11:53 AM
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