269SS & 269T are applicable for Acceptance and repayment of Loans and deposit. Hence it's not applicable for giving loan/advance by the assessee to others. I'm I correct? Plz clarify..
I believe salary advance paid in excess of Rs.20000 is not subject to 269T..
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269ss & 269t
Replies (1)
Yes. Salary is not covered in this sections.
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