I Made Credit Sales To My Customers.
Now I Receive That Amount Back In Cash (More Than 20000) ..
Will It Attract Penalty Under Any Sections ?
My Other Query Is I Have A Loan Of Rs 5Lakh
Can I Pay It's Interst Rs 5000 Per Month In Cash
Thanks In Advance
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Applicability Of Sec 269SS And 269T
Replies (1)
1. NO
2. Yes
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