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269ss & 269t

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(Querist)
03 May 2014 I 269SS & 269T is applicable for receipt and repayment of loans and advances, hence it's not applicable for loans given by assessee to others. I'm correct?!!

It's not applicable for salary advance.. Plz clarify..

Read more at: https://www.caclubindia.com/experts/experts_profile.asp?member_id=206964#.U2TfrvmSwa4
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
03 May 2014 yes it doesn't apply to advances given.
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Rupesh Jain

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Rupesh Jain (Expert)
14 May 2014 YES IT IS APPLICABLE ON ADVANCE NOT ON SALARY ADVANCE.
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