269 under income tax act
rahul (afd) (134 Points)
15 September 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177741 Points)
Replied 15 September 2018
If its gift....... section 269SS not applicable.
& hence not liable for any penalty if it is below 2 lakhs rupees (u/s. 269ST of IT act).....