Courts, Sub-Registrars Must Report Cash Transactions Over ₹2 Lakh to Income Tax Department: Supreme Court

In a significant directive aimed at curbing black money and ensuring compliance with the Income Tax Act, a Division Bench of the Supreme Court comprising Justice J.B. Pardiwala and Justice R. Mahadevan has mandated that all courts and sub-registrars must report cash transactions exceeding ₹2,00,000 in civil suits and property registrations to the jurisdictional Income

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