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List of Cash Transactions Not Eligible For I-T Exemptions

Checklist of Cash Transactions Not Eligible for I-T Exemptions

In today’s busy world, each and every person wants some income tax exemptions through their salary or profession. Also, to make India cashless and bring it out of corruption, the government is trying every possible way. Now the IT (Income Tax) department has again come up with something in which it warned the people to avoid large cash transactions which will result in the charge of penalty or no tax exemption.

Below Transactions Not Eligible for Income Tax Exemptions

Read Also: Save Your Income Tax by Following Very Simple Steps

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