Cash Transaction Limit 2023-24 | Income Tax Notice | Banking Baba

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In this video, I have explained certain types of cash transactions which have serious consequences released by income tax department.

Timestamp 8 cash transactions to avoid
00:01 Introduction
01:01 first
02:38 second
05:28 third
07:13 fourth
08:36 fifth
09:49 sixth
10:49 seventh
11:47 eighth

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Topics covered in this video
Taking or accepting certain loans, deposits
Repayment of certain loans or deposits
Other cash transaction
Disallowance of expenses incurred in cash
Deemed income of subsequent year in which payment is made
Disallowance in respect of fixed assets i.e. capital expenditure
Cash donations
Premium on health insurance


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