CASH TRANSACTIONS OR PAYING CASH OR RECEIVING CASH FOR THE SALE AND PURCHASE OF PROPERTIES


It is strongly advised to avail the services of a professional Chartered Accountant to make CASH Payments.  All the payments towards the purchase of the property must be THROUGH AN ACCOUNT PAYEE DEMAND DRAFT OR CHEQUE OR NEFT OR RTGS.

Cash transaction above a particular limit is not permitted.  Therefore, it is better to avoid the CASH transaction in view of the safety of both the parties.