amount borrowed and repaid
dharmik vadgama (Article) (145 Points)
16 September 2018
amount borrowed by barrer cheque and paid by acc payee cheque treated as income?
1 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(183290 Points)
Replied 16 September 2018
"amount borrowed by bearer cheque......."
Refer section 269SS of IT act....... along with penalty u/s. 271D of IT act.....
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