if a person deposit lic premium of 50000/- fr self, spouse, his child, for his parents.
then it shuld cover under 269ss & 269t.
is dis called event or shuld be disallow under this section
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cash deposit more than 200000
Replies (1)
Section 269SS & 269ST does not apply over payment of LIC premium/s...
Its applicable over loans, advances... and its repayment ..
And section 269ST is applicable over cash receiver !!
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