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Cash loan & gifts

Others 268 views 4 replies
how much amount can take from mother in cash as per IT act as gift and loan?

( for business purpose)
Replies (4)
Loan amount - up-to 20k
gift - up-to 2 lakhs
Gift received as a cash amount 200000 per year need to show in IT return?
Yes... It will be shown in ITR.

You can get a payday loan. I recently get a payday loan from https://easyqualifymoney.com/ for some personal expenses.


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