269SS
This query is : Resolved
21 January 2010
can anyone tell me that sec269SS attracts in the follwing case:
if person (Prop.) receives loan from his wife or others exceeds RS 20000 in cash or cheque.
if person (Prop.) receives loan from his wife or others exceeds RS 20000 in cash or cheque.
21 January 2010
Yes, There is no specific exemption given to wife in section 269SS.
21 January 2010
Yes it is in violation of the provisions of section 269SS
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