Members
please suggest me
I have cash paid to one friend rs.450000 so this entry is unsecured loan or loans and advance.
Thank u in advance
2 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24588 Points)
Replied 31 January 2021
You have violated section 269SS because you have paid in excess of prescribed limit in cash in one transaction
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