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Loan by individuals

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 July 2010 Can an individual take and give loan in cash more than 20000??
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CA V. Mohanakrishnan

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CA V. Mohanakrishnan (Expert)
20 July 2010 Can take and give. Only it would be treated is income in the hands of receipient

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