Easy Office
LCI Learning

269SS & 269T

This query is : Resolved 
Profile Image

Profile Image

(Querist)
07 December 2009 mr. A repays loan of Rs.5lakh by cheque but the same is transferred to share application money received account whether such an act liable to penalty provisions u/s269SS &269T

Please reply
Profile Image

CA Balram Sharma

Profile Image

CA Balram Sharma (Expert)
10 December 2009 No ,

because the section 269ss will come in the force when loan take in cash,

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links