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Token Money in a Property Deal (Delhi, 2026): How Much, the Bayana Receipt, Refunds, Forfeiture and Tax

Token money in a property deal — a cheque handed across an agreement to sell with house keys beside it, a South Delhi builder floor in the evening light outside

Token money in a property deal, explained for South Delhi in 2026: the 1–2% token and 10% at agreement, what the bayana receipt must say, the five ways a deal ends and what happens to the token in each, the ‘double bayana’ custom against the Contract Act, the ₹20,000 cash ceiling and TDS on the advance, and the tax on a token the seller keeps.

Cash Payment for Property Purchase in India (2026): The ₹20,000 Rule, the ₹2 Lakh Rule and the Penalty That Equals the Cash

Cash payment for property purchase — a Delhi registration table with a cheque book, e-stamped deed and bank transfer on a phone, cash bundles fading in the background

Cash payment for property purchase in India, explained for 2026: the ₹20,000 advance limit (Section 269SS), the ₹2 lakh receipt limit (Section 269ST), the 100% penalties, the Supreme Court’s April 2025 reporting direction, a ₹10 crore worked example of what a ₹2 crore cash component saves and risks on both sides, how it gets caught, and how a clean South Delhi deal is paid.

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