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269SS & 269T

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(Querist)
31 May 2011 For accepting deposits/loans more than Rs. 20,000 in cash by individual(X) from his HUF (X(HUF))whether provision of sec 269ss and 269T will be attracted and consequently penalty u/s 271D will be leviable?
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CA Shyam Agrawal

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CA Shyam Agrawal (Expert)
01 June 2011 Yes,provisions of section 269ss is applicable
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Umesh Aggarwal

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Umesh Aggarwal (Expert)
01 June 2011 YES PROVISION OF SECTION 269SS & 269T IS APPLICABLE



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CA Parag G Bhuptani

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CA Parag G Bhuptani (Expert)
02 June 2011 Yes provision of Sec. 269Ss & 269T will apply
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CA. Krishna K Neeraj

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CA. Krishna K Neeraj (Expert)
06 June 2011 yes these will applicable

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