Cash mode allowed sec 269 st applicable
Kollipara Sundaraiah (B.com) (2963 Points)
11 January 2021Cash loan paid to same person Rs:5 lacs (name mr.x)single payment through on bank mode Dt:20-11-2020.
question:
Assess cash receipts from person(debtor name Mr.x) Rs:1,90,000/- cash mode Dt:25-12.2020
Cash receipts from Mr.x Rs:1,90,000/- cash mode Dt:28-12-2020.
above cash transactions allowed sec 269st applicable in I.t. act.