debtors

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whether assessee can receive cash from the debtors for the loan amount given for the AY 2016-17
Replies (4)
Not more than 20K

Otherwise its violation of 269T
The limit of 20k its with interest.
yes you can receive but not in excess of 200000 or else 269st will attract. 269t will attract in respect of payers.
Ohh... Sorry wrongly understood the question
Agree with @ rama krishnan
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