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Unsecured loan

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(Querist)
09 July 2019 Dear Experts,

Can we receive Unsecured Load from a Single Person Rs.19500/- in a cash mode.
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Kamal Kant Mittal

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Kamal Kant Mittal (Expert)
11 July 2019 Yes you can receive the loan maximum upto 20000 in cash mode as per relevant provisions of income tax act.

Regards
CA Kamal Kant

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