Warning against cash transactions of ₹2 lakh
 

http://img-s-msn-com.akamaized.net/t...6&q=60&o=f&l=fThe Income Tax department on Friday warned people against indulging in cash transaction of Rs 2 lakh or more saying that the receiver of the amount will have to cough up an equal amount as penalty. It also advised people having k**wledge of such dealings to tip-off the tax department by sending an email to â[email protected]â??. The government has banned cash transactions of Rs 2 lakh or more from April 1, ...

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