269ss
This query is : Resolved
10 October 2013
What is meaning of income chargeable to tax in reference to section 239ss ?
10 October 2013
Ru asking for 269ss or which section?
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.
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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