Splitting payments won’t save you from penalties.
No cash payments of ₹2 lakh+ in one transaction, day, or event.
Still illegal. Tax authorities monitor and penalize.
₹3 Lakh Cash → ₹3 Lakh Penalty
– Govt institutions
– Banks & Post offices
– Insurance companies
– Use Digital Payments
– Keep Records
– Consult a CA
Avoid penalties. Stay compliant with legal payment methods.