Cash Loan 269SS

Experts my query is suppose Mr A had taken Rs 100000 cash loan from 5 different persons rs 19000 each then 269 ss attracted or not for ay 21-22. ? And similarly paid back to those person in same fy with interest below 20000 each. . 

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Quick Summary
This discussion explores whether Section 269SS of the Income Tax Act is attracted when an individual takes multiple cash loans, each below Rs 20,000, totalling a significant amount. The query specifically asks about the applicability for AY 21-22, considering both the borrowing and repayment of these loans within the same financial year. The consensus leans towards Section 269SS not being attracted in such scenarios, despite common confusion found online.

Might not get attracted

Thanz I also felt so but many people confusing on youtube.

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