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Section 269SS

This query is : Resolved 
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(Querist)
11 September 2009 Please tell me whether Security Deposit Accepted is to be shown under section 269SS??

Please reply at the earliest.

Thanks in advance.

Regards'

Yatesh Renuke.
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ARUN KUMAR V

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ARUN KUMAR V (Expert)
11 September 2009 Since loan or deposits not defined, securty deposit also comes under 269SS.
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Kaustuv

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Kaustuv (Expert)
11 September 2009 Yes. They would be covered. The Act uses the therm any deposit or loan
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CA CHINTAN AJMERA

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CA CHINTAN AJMERA (Expert)
11 September 2009 But many times , it is possible that it is received in cash then what ? i don't think it is shown u/s. 269ss

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