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Loan

Tax queries 710 views 4 replies

whether loan in kind will be covered u/s 269ss supported by case law

Replies (4)

Loan can be in kind or in the form of cash (monetary or non monetary) i dont think it is to be supported by a case law and all.....

NO LOAN AND DEPOST ONLY IN CASH ARE COVERED HERE BUT YOU MUST BE CAUTIOUS WHEN REPAYMENT IS DONE IT MUST NOT BE IN CASH

Originally posted by : NIMIT MEHTA

NO LOAN AND DEPOST ONLY IN CASH ARE COVERED HERE BUT YOU MUST BE CAUTIOUS WHEN REPAYMENT IS DONE IT MUST NOT BE IN CASH

AGREED

Agreed but notified in chart of 269s when cash payment made more than 20000/-


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