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Defonition of loan

This query is : Resolved 
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(Querist)
20 October 2014 whether temporary financial cash assistance to family member of more than rs 20000 are governed by section 269ss & 269t
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
20 October 2014 if it is given as a loan, then yes. to avoid 269SS/269T, just give it as gift...

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