Loan from members of charitable institution


This query is : Resolved 

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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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.


24 June 2013 loan is accepted from its own trust members itself, then also is that section applicable?


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