sir
if the assessee is doing money lending business is there any limitations for advancing the cash loans to others.
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cash transaction
Replies (3)
| If the assessee is doing money lending business is there any limitations for advancing the cash loans to others? | ||
What sort of licence he has for the business?
Any RBI approval?
small money lending business
| Originally posted by : prasad | ||
 |
small money lending business |  |
Small money lender without any licence cannot give or take loan of more than 20K in cash.
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