cash received unsecured loan
Rajat Sharma (471 Points)
20 November 2018
How many amount may be taken as a unsecured loan from one person as cash
Rajat Sharma (471 Points)
20 November 2018
Nivedita
(SME - Finance)
(758 Points)
Replied 20 November 2018
As per 269SS - the limit is Rs 20000
Exception- The one accepting or lending has-
1. Agricultural income
2. Total Income < Income not chargeable to tax
rama krishnan
(12234 Points)
Replied 20 November 2018
Nitesh bind
(Student CA Final )
(12692 Points)
Replied 21 November 2018
CAclubindia
