269ss/t

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 December 2011 Dear Experts,

Whether Section 269SS and 269T is applicable to individual who have only bank interest income.

i mean one individual who have bank interest & short term capital gain, have taken cash from some his relatives & friends, and paid them in next years.

whether received above 20000, penalty can imposed.

15 December 2011 if cash transaction is hidden then no penalty

15 December 2011 Section 269SS/T applicable to all the assesses. If it is found by the AO then penalty will be imposes.
OM SAI SRI SAI JAI JAI SAI

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 December 2011 Then how to Handle the Cash problem.

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 December 2011 ???????????????


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