Cash loans taken from friends
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 January 2010
can loan taken from friends beyond limit of Rs. 20000 is acceptable under income tax act?
14 January 2010
cash loan beyond 20000/- is not accetable under IT Act, either it has been taken from frns or any other person.
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