Received in cash
This query is : Resolved
15 January 2025
Dear sir/ madam
We have given loan Rs 10 Lakh to one of our party through rtgs and shown in loan and advances later on we received the loan amount given in cash,
Can we accept this in cash?
We have given loan Rs 10 Lakh to one of our party through rtgs and shown in loan and advances later on we received the loan amount given in cash,
Can we accept this in cash?
15 January 2025
No. Check applicability of penalty u/s. 269ST IT act.
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