What says section 269SS and 269 T of income tax
This query is : Resolved
23 April 2023
Sec. 269SS :: A person cannot accept cash loan or deposit of Rs 20,000 or more from another person in a single day.
Sec. 269T:: A person cannot repay the loan or deposit in cash, if the amount is Rs. 20,000 or more.
For details refer: https://learn.quicko.com/section-269ss-repayment-of-loan
Sec. 269T:: A person cannot repay the loan or deposit in cash, if the amount is Rs. 20,000 or more.
For details refer: https://learn.quicko.com/section-269ss-repayment-of-loan
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