Section 269en to vivss & 269 t
This query is : Resolved
27 September 2013
Dear All
I have a query regarding the above section
One of my clients has NBFC companies and he give loans & advances to various corporate firm and individual and not taken any loan for financial year 2011-12 & 2012-13
I want to know whether 269SS & 269T is applicable in the case loans & advances given to various party if the specified limit exceed?
Please mail me your suggestion at earliest possiblle
casahilagrawal@gmail.com
I have a query regarding the above section
One of my clients has NBFC companies and he give loans & advances to various corporate firm and individual and not taken any loan for financial year 2011-12 & 2012-13
I want to know whether 269SS & 269T is applicable in the case loans & advances given to various party if the specified limit exceed?
Please mail me your suggestion at earliest possiblle
casahilagrawal@gmail.com
29 September 2013
Since 269SS relate to taking loan, it shall not apply to the NBFC in question as it has not taken any loan during the period under consideration.
However, whether 269T will apply or not shall depend whether it has repaid any loan during this period?
However, whether 269T will apply or not shall depend whether it has repaid any loan during this period?
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
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- TAN for Partnership
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Treatment of Pension ?annuity returns on PMVY
- Sales return eway bill
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- GST ON DAMAGED GOODS
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
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
