Sec 269 SS applicable for money lending business

This query is : Resolved 

23 April 2021 Sec 44ad it return filed money lending business person above rs:20,000/- money through on cash mode to customers sec 269 SS applicable in it act.

23 April 2021 Yes, the provisions of Section 269SS are applicable to every person taking or accepting any loan or deposit exceeding Rs. 20000 whether it's personal or not.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries