Provision of Section 269ST mentions that no person can accept an amount exceeding Rs. 200,000 from a person or w.r.t a single transaction. Acceptance of such an amount will lead to a 100% penalty u/s 271DA. This provision is applicable for all types of transactions, Thus irrespective of the nature of the transaction, Whether rural or urban agricultural land this section will be applicable. Thus maximum cash transaction on the sale of agricultural land is Rs 200,000.