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Cash loan transaction allowed in it act

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04 December 2021 Sir,
It assessee cash loan to debtor outstanding ledger balance amount rs:50,000/- as on dt:31-03-21.
If assessee rs: 1,50,000/- amount cash loan received from debtor dt:28-09-21 through on cash mode.another date rs:1 lacs balance amount paid through on online mode.
Question:

Above transaction accepted in it act.

05 December 2021 No. cash loan acceptance for amount Rs. 1.50 lakhs not accepted in IT act.



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