Sec 269SS and 269T of I T Act

This query is : Resolved 

07 June 2020 In case loan given by Mr. Dead to a Partnership Firm is transferred to his son in the books of borrower as per will of Mr. Dead - whether sec 269SS and 269T are attracted?

07 June 2020 Not attracted as the transaction is not of cash or bank.

07 June 2020 BUT AS A LEGAL HEIR, HE/SHE CAN THE RIGHT TO CLAIM THE MONEY


07 June 2020 NOT AS PER THESE SECTION, BUT AS A GENERAL PROVISION



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