I HAVE QUERY ABOUT SEC.269 THAT - I Mr.A takes loan from Mr.B of 19000 in cash in F.y2018-19 , can Mr.A can take loan of 19000 in cash again in F.y.2019-20 ?? and is both above transaction happen then how much penalty can be charged and who is liable for payment of penalty??
meaning of word "aggregate" in Act means per person per year or per person in different year ?
Naveen Fintech Pvt Ltd
Kolkata
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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