Description Explore the 2nd Edition (2025) of Restrictions on Cash Transactions by Ram Dutt Sharma, a 560-page comprehensive guide analyzing legal limits, penalties, and tax implications of cash dealings under Indian tax laws. ISBN: 9789356038882. Published by Commercial Law Publishers. Flat 25% Discount Free Shipping for a limited time! Chapter Content Page 1 Introduction 1 2 Different stages of Evolution of Money 8 3 Restrictions on Political Parties [Section 13A] 13 4 Disallowance of Depreciation under Section 32 on Cash Payments [Second proviso to Section 43(1)] 22 5 Disallowance of Expenditure on Specified Business – Cash payments [Section 35AD(8)(f)] 24 6 Disallowance for Cash Payments exceeding Prescribed Limit [Section 40A(3)] 25 7 If an expense is Recorded in the Prior Year but paid for in the Next Year [Section 40A(3A)] 81 8 Incentives to encourage Cashless Business Transactions [Sections 44AB & 44AD] 89 9 Cash Transactions in Tax Audit Report – Reporting Requirement 95 10 Unexplained Cash Attracts Section 69A 99 11 Restrictions on Amount Borrowed or Repaid on Hundi [Section 69D]. 111 12 Restrictions on Income Tax Deductions [Chapter VIA]. 126 13 Compulsorily filing of Income Tax Return [Seventh proviso to section 139(1)] 129 14 TDS from Cash Withdrawal Exceeding Rs. 1 Crore from Banks or Co-operative Bank or Post Office [Section 194N] 132 15 Prohibition on Acceptance of Cash Loans, Deposits, etc. [Section 269SS]. 150 16 Restrictions on Cash Transactions [Section 269ST] 182 17 Mandating acceptance of Payments through prescribed Electronic Modes [Section 269SU]. 190 18 Prohibition on repayment of Loans or Deposits in Cash [Section 269T] 196 19 List of High Value Cash Financial Transactions reported to Income Tax Department 213 20 Compliances in respect of Cash Transactions [Section 285BA read with rule 114E]. 219 21 Cash Deposits in Banks 222 22 Treatment of Cash Gifts 262 23 Treatment of Cash Sales 268 24 Cash Discount 285 25 Payment of on-Money for Purchase of Property 289 26 Cash Transactions under GST 301 27 Cash Restrictions on Charitable Trusts 303 28 Cash transactions in Agricultural Sector 310 29 Treatment of Cash found during Search Operation 327 30 Cash Book – Test to be Satisfied 349 31 Cash in Hand : Test to be Satisfied 358 32 Negative Cash Balance 364 33 Accounting methods for Income Tax Calculation [Section 145] 371 34 Demonetisation 381 35 Assessment of Cash Deposits in Operation Clean Money (OCM) Cases 406 36 Revision of orders under Section 263 of the Income Tax Act, 1961 over unexplained Cash Deposit 442 37 Penalty for Failure to Comply with the Provisions of Section 269SS [Section 271D] 455 38 Penalty for Failure to provide Facility to Pay Through Prescribed Electronic Modes [Section 271DB] 521 39 Penalty for Failure to Comply with the Provisions of Section 269T [Section 271E] 525 40 Prosecution Proceedings 539
