Hello,
i am having a huge amount of cash deposits and its withdrawl can i show it as a loan or some thing else.
2 Replies
Ashwini Kumar Rohilla
(M.Com and CA-FINAL)
(949 Points)
Replied 28 May 2016
Please Elaborate your query....
CA Rohan Ramesh Chougule
(Practice)
(23 Points)
Replied 28 May 2016
loan in cash more than rs 20000 is not allowed as per sec 269ss read along with 269tt for repayment of loan in cash
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