Regarding 80CCD1(B)

Yes, you can claim maximum 50K under 80CCD(1B), provided it is your contribution..

Read:  " As per section 80CCD(1B), an assessee referred to in 80CCD(1) shall be allowed an deduction in computation of his income, of the whole of the amount paid or deposited in the previous year in his account under the pension scheme notified or as may be notified by the Central Government, which shall not exceed Rs. 50,000. The deduction of Rs. 50,000 shall be allowed whether or not any deduction is allowed under sub-section(1). However, the same amount cannot be claimed both under sub-section (1) and sub-section (1B) of section 80CCD."

communications/circular/circular20_2015.

if a person gives a loan of RS 2 lacs in one financial year in cash to the borrower, and takes a blank signed cheque from the borrower as a security for the loan advanced to the borrower.
can the borrower take the advantage that the person who has given him the loan of RS 2 lacs falls under the ambit of section 269 ss of income tax act.
second query is this that section 269 ss talks for payment or only for repayment of loan amount

thanks a lot sir

" can the borrower take the advantage that the person who has given him the loan of RS 2 lacs falls under the ambit of section 269 ss of income tax act. "

1. No question of advantage,........ he can be in trouble for accepting loan.......

2.  Section 269SS provides that any loan or deposit shall not be taken or accepted from any other person otherwise than by an account payee cheque or account payee bank draft.......

3.  Section 269T:   loan or deposit  cannot be repaid, otherwise than by an Account payee cheque or bank draft or online transfer.......