Supreme Court Judgement Dated 16/04/2025

SC, Report & probe cash transactions exceeding ₹2 Lakh under section 269ST: Case of The Correspondence RBANMS Education Institution vs B Gunashekhar, SC Judgement Dated 16th April 2025. The apex court held that whenever, a suit is filed with a claim that Rs. 2,00,000/- and above is paid by cash towards any transaction, the courts must intimate the same to the jurisdictional Income Tax Department to verify the transaction and the violation of Section 269ST of the Income Tax Act, if any the courts must intimate the same to the jurisdictional Income Tax Department to verify the transaction. (SC Judgement Dated 16/04/2025)and the violation 

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