Sec 269t

RAJ KUMAR (FINANCE MANAGER) (1393 Points)

07 September 2012  

HELLO FRIENDS MY FRIEND HAS REPAID THE LOAN OF 50000 THROUGH BANK TRANSFER.

NOW SEC 269 T SAYS REPAY ONLY THROUGH A/C PAYEE CHEQUE OR BANK DRAFT.

NOW PLS. TELL ME WHETHER I HAVE TO REPORT THIS OR WHETHER BANK TRANSFER IS OK.

PLS HELP ME.

THANKS.