Restrictions on cash transactions under income tax rules

What are the restrictions on cash transactions under income tax rules?

In order to check the use and circulation of black money, successive governments have been putting more and more
restriction on cash transactions. Here we deals with various restrictions placed on cash transactions under income tax
laws. Self-employed tax payers cannot claim any expenditure beyond Rs. 10,000/- if paid for in cash to a person on
a single day. For payments made...

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