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269SS

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21 January 2010 can anyone tell me that sec269SS attracts in the follwing case:
if person (Prop.) receives loan from his wife or others exceeds RS 20000 in cash or cheque.

21 January 2010 Yes, There is no specific exemption given to wife in section 269SS.

21 January 2010 Yes it is in violation of the provisions of section 269SS




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