CASH RECIEVD FOR LOANS
This query is : Resolved
14 July 2009
DEAR SIR/ MADAM
AS ASSESSEE CASH RECEIVED FOR LOANS WHOLE OF THE YEAR IT WAS 150000 BUT THESE AMOUNT RECEIVED FROM CREDITOR SOME INSTALLMENTS NOTHING TO ANY INSTALLMENT WAS MORE THAN 20000 EXCEPT ONE I.E.23000 REMAINING 127000 WAS SOME INSTALLMENTS AT THIS SITUATION TOTAL 150000 IS DISAALOWABLE OR ONLY 23000IS DISALLOWABLE UNDER SECTION 269SS, PLEASE TELL
THANKS IN ADVANCE
AS ASSESSEE CASH RECEIVED FOR LOANS WHOLE OF THE YEAR IT WAS 150000 BUT THESE AMOUNT RECEIVED FROM CREDITOR SOME INSTALLMENTS NOTHING TO ANY INSTALLMENT WAS MORE THAN 20000 EXCEPT ONE I.E.23000 REMAINING 127000 WAS SOME INSTALLMENTS AT THIS SITUATION TOTAL 150000 IS DISAALOWABLE OR ONLY 23000IS DISALLOWABLE UNDER SECTION 269SS, PLEASE TELL
THANKS IN ADVANCE
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