Loan Repayment Sec 269SS/269T

A has given loan to B Rs 5 Lacs. The loan was repaid by B's Son

Whether this will create problem as per sec 269SS/269T of the Income Tax Act as the loan was repaid by B's son instead of B.
Replies (4)
Quick Summary
This discussion addresses whether a loan repayment made by a son, on behalf of the original borrower (B), to the lender (A) would contravene Sections 269SS/269T of the Income Tax Act. The consensus is that this scenario should not cause issues. The key points raised are that the provisions primarily apply to the acceptance and repayment of loans in cash, and since the repayment was not in cash, or the initial transaction was a payment rather than an acceptance of a loan, the sections are unlikely to be triggered.

Not at all.
No if repaid other then Cash
No it will not affected at all

Moreover, the provision is applicable where there is acceptance first and then repayment.. so for A it’s payment first so not applicable 

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