one of sec 44ada I.t. return filed assess cash loan to debtor Rs:3 lacs Dt:10-06-2020 through on bank mode
2.dt:28-07-2019 cash loan to another debtor Rs:2,50,000/- through on bank mode
3.cash loan from old debtor Rs:1,90000/- Dt:10-08-2019 through on cash mode single day received
4.cash loan from another debtor Rs:1,80,000/- Dt:20-08-2019 through on cash mode single day received.
question:
Assess above all transactions cash mode received amounts allowed in I.t. act. sec 269 st applicable.
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Sec 269 st applicable
Replies (1)
In respect of cash loans and repayment of loan s in cash in excess of 20000 covered under 269ss and 269t.
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