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Income Tax - Section 269SS and TT

This query is : Resolved 
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(Querist)
29 January 2011 Provisions of sections 269SS and TT are applicable for Gold Loan..?
In gold loan repayment is it necessary to comply with such provision.?

Please advice.
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
29 January 2011 Yes it is necessary to comply.

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Guest (Expert)
29 January 2011 Agree with Mr. Bafna
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