269 ss

This query is : Resolved 

14 September 2011 respected sir,

u/s 269SS / ST,
the maximum loan amount is 20000/- to be received or repaid in cash.
1) is this per annum or for each transaction?
2) does this provision applicable to non 44AB cases also?


14 September 2011 1) Rs. 20000.oo is per annum
2) Yes, It is applicable to Non 44AB Cases also


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Follow us


Answer Query