it assessee deposit (rental advance for commercial building)rs:15 lacs amount outstanding ledger balance in books as on dt:31-03-21.
question:
1.assessess advance amount rs:15 lacs balance amount repayment cash mode allowed in it act.
2.limit for cash mode repayment.
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Deposit (rental advance) repayment cash mode allowed
Replies (1)
1. Not allowed.
2. Rs. 20,000/- as per sec. 269S/T...
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