What is section 269ss/269t
This query is : Resolved
31 August 2013
Dear Members,
Please tell me about the provision of section 269SS/ 269T.
Please tell me about the provision of section 269SS/ 269T.
31 August 2013
SEC 269SS- if cash loan is taken (other then exception)exceeding 20,000 then a penalty equal to such amount is imposed by AO.
Sec 269TT-if the above loan is paid in cash for more then 20,000 then equivalent penalty will be imposed by AO.
Sec 269TT-if the above loan is paid in cash for more then 20,000 then equivalent penalty will be imposed by AO.
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