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Loan from members of charitable institution

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(Querist)
24 June 2013 Is there any exemption U/S 269SS & T, in Accepting or repaying loan from members of a charitable institution by way of cash.
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Guest

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Guest (Expert)
24 June 2013 No, these provisions are applicable.

As they applicable to all persons.

The exceptions speicified under the section 269 SS, does not specifically exempt trust.
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Lakshmypriya T.G

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Lakshmypriya T.G (Querist)
24 June 2013 loan is accepted from its own trust members itself, then also is that section applicable?
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