Sec. 269T

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226 Points Joined April 2017
I have a loan of Rs.100000 as opening balance...can now i repay the loan during the current year RS.15000 in cash and Rs.85000 in cheque... please clarify...
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On 22 September 2018 at 22:42 Report
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Accountant
3479 Points Joined August 2014
Yes, you can no issue
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On 23 September 2018 at 00:09
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"Do the Right Thing...!!!"
128147 Points Joined January 2015
Yes... You can. No more issues if it's to Banking sector.
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On 23 September 2018 at 04:56
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226 Points Joined April 2017
how should we report in audit report form..
Repayment mode ..
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On 23 September 2018 at 05:33
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CA Practice
184 Points Joined September 2013
gagan...
I think you can not.
once the balance in the account is 20000 or more, repayment has to be made my mode other than cash.
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On 23 September 2018 at 12:10


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