Employees of a company repays staff loan taken
IN CASH amounts exceeding 20k
is it coming under perview of 269ss & 269tt
1 Replies
karan challani
(article)
(82 Points)
Replied 18 October 2010
no not covered the above said is recovery of loan which is not covered under section 269 SS & T
269 SS - Taking fresh loan from otheres
269T - repayment of the loan taken from others
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