Loan repayment
This query is : Resolved
20 November 2016
Sir,
If someone pays personal loan installment,amount more than 20000 in cash then is it contravention of sec 269SS??
If someone pays personal loan installment,amount more than 20000 in cash then is it contravention of sec 269SS??
21 November 2016
Yes, u must pay the loan above 20K through bank only.
Message likes :
1 times
21 November 2016
Thnku you sir fr clearing doubt..
21 November 2016
mns one can deposit cash more than 20000 in bank ,for personal bank loan?
21 November 2016
U r welcome dear. There is no limit in depositing cash in Bank Account.
Message likes :
2 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- CLOSING STOCK QUERY
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- Grand in aid
- IT returns for fresh job holders
- F&O reporting in ITR
- Difff in ais receipts and gst turnover
- Applicability of Books of Account for Commission Income (Sections 194D & 194H)
- Gst on travel by air for business purposes
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
