269ss

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(Querist)
10 October 2013 What is meaning of income chargeable to tax in reference to section 239ss ?
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
10 October 2013 Ru asking for 269ss or which section?
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Sukriti

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Sukriti (Querist)
10 October 2013 yes 269 ss
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
10 October 2013 It means the loan amount actually advanced otherwise than by account payee cheque/ draft
exceeding Rs 20,000 then such loan amount shall be income chargeable to income tax and also penalty will be leived u/s 271H.
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