269SS & 269T
This query is : Resolved
07 December 2009
mr. A repays loan of Rs.5lakh by cheque but the same is transferred to share application money received account whether such an act liable to penalty provisions u/s269SS &269T
Please reply
Please reply
10 December 2009
No ,
because the section 269ss will come in the force when loan take in cash,
because the section 269ss will come in the force when loan take in cash,
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