Can cash loan given by firm to partner?

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Aslam Khatri (Querist)
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12 June 2015 hello sir

can cash loan above 20000 given by firm to partner? Can Dis allowance us 40A(3) or provision 269SS attract?

Arpit Shah (Expert)
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13 June 2015 http://www.simpletaxindia.net/2009/12/payment-exceeding-20000-40a3-exceptions.html

Arpit Shah (Expert)
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13 June 2015 http://www.charteredclub.com/section-40a3/

Arpit Shah (Expert)
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13 June 2015 http://www.charteredclub.com/section-40a3/

Arpit Shah (Expert)
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13 June 2015 http://taxguru.in/income-tax/income-tax-payment-of-more-than-rs-20000-amendement-in-rule-6d-of-the-income-tax-rules.html

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