Finance firm
This query is : Resolved
29 December 2014
a partnership finance firm registered under partnership act
finance...gives money to public on daily ,monthly basis on interest
1 firm gives cash more than 20,000 to person on interest and he repay on daily basis as intalment fix
my query is that
section 269ss under income tax applied on it or not
Rupesh Jain
(Expert)
29 December 2014
yes prov. of 269SS and 269T will be applicable .
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