IN THE SUPREME COURT OF INDIA
CIVIL APPELLATE JURISDICTION
CIVIL APPEAL NO. 5200 OF 2025
(Arising from SLP (C) No. 13679 of 2022)
The Correspondence,
RBANMS Educational Institution …… Appellant
VERSUS B. Gunashekar & Another …Respondents
Supreme Court issued the following directions
(A) Whenever, a suit is filed with a claim that Rs. 2,00,000/- and above is paid
by cash towards any transaction, the courts must intimate the same to the
jurisdictional Income Tax Department to verify the transaction and the violation
of Section 269ST of the Income Tax Act, if any,
(B) Whenever, any such information is received either from the court or
otherwise, the Jurisdictional Income Tax authority shall take appropriate steps by
following the due process in law.
(C) Whenever, a sum of Rs. 2,00,000/- and above is claimed to be paid by cash
towards consideration for conveyance of any immovable property in a document
presented for registration, the jurisdictional Sub-Registrar shall intimate the same
to the jurisdictional Income Tax Authority who shall follow the due process in
law before taking any action.
(D) Whenever, it comes to the knowledge of any Income Tax Authority that a
sum of Rs. 2,00,000/- or above has been paid by way of consideration in any
transaction relating to any immovable property from any other source or during
the course of search or assessment proceedings, the failure of the registering
authority shall be brought to the knowledge of the Chief Secretary of the State/UT
for initiating appropriate disciplinary action against such officer who failed to
intimate the transactions.
