INCOME TAX (AIR) : RECEIPT OF CASH FOR SALE OR SERVICE OF RS. 2 LAKH OR MORE.
AS PER INCOME TAX RULE 114E, U/S. 285BA (AIR), ANY PERSON, WHO IS LIABLE FOR AUDIT U/S. 44AB, ARE LIABLE TO FILE THE DETAILS IN FORM 61A, FOR THE F Y 2016-17, FOR THE DETAILS OF RECEIPT OF CASH PAYMENT EXCEEDING 2 LAKH RUPEES FOR SALE, BY ANY PERSON, OF GOODS OR SERVICES OF ANY NATURE.