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Payment of interest on loan exceediing rs 20000 in cash

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(Querist)
25 August 2011 suppose i have outstanding loan of Rs 100000 and i want to repay this in cash. can i do that?
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Ravikant

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Ravikant (Expert)
25 August 2011 u can repay below 20000 per payee per year
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abhishek

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abhishek (Querist)
17 September 2011 Thank you very much Sir.
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