How much amount received from debtor
This query is : Resolved
03 February 2021
Sir,
I.t.assess cash loan to one debtor (not business purposes)Rs:10 lacs money payment through on bank mode Dt:20-12-20 .
Question:
Assess how much amount received from debtor (repayment)cash mode one finicial allowed in I.t. act.
I.t.assess cash loan to one debtor (not business purposes)Rs:10 lacs money payment through on bank mode Dt:20-12-20 .
Question:
Assess how much amount received from debtor (repayment)cash mode one finicial allowed in I.t. act.
25 September 2021
If the loan amount is more than Rs. 20K; not a single rupee can be paid back in cash.
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