Unsecured Loan amount


This query is : Resolved 

Quick Summary
This discussion clarifies the rules surrounding unsecured loans, specifically addressing a scenario where a loan was repaid via internet banking, and a small cash amount was subsequently received. The consensus is that this practice is permissible. It's a brief exchange confirming the legality of such a transaction.

(Querist)
13 March 2025 Sir,
We have received Rs.298000/- from a single person by Cheque of HDFC bank. We have return Rs.300000/- to him by internet Banking now can we receive Rs.2000/- by Cash from

13 March 2025 Yes allowed.

Sandeep Jain (Querist)
13 March 2025 Thank you very much Sir,

13 March 2025 You are welcome.

04 October 2025 Good luck...


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details