269 ss

This query is : Resolved 

14 September 2011 respected sir,

u/s 269SS / ST,
the maximum loan amount is 20000/- to be received or repaid in cash.
1) is this per annum or for each transaction?
2) does this provision applicable to non 44AB cases also?


14 September 2011 1) Rs. 20000.oo is per annum
2) Yes, It is applicable to Non 44AB Cases also



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