it assessess un secured loans from different persons total amount rs:25 lacs received.
question:
assessess un secured loans amount any limit provision in it act
Menu
Un secured loans received amount any limit provision applicable
Replies (2)
There is no limit but it has to be an Bank transfer any cash given even below 20000 will be looked with Suspicion the people who have given these loans need to show it on their ITR if not they will be in trouble
Provisions are applicable
Recent Threads
- Negative Export Value in GSTR 3B
- Income tax intimation -AY 24-25
- Tax Implications of Alumni Union (R) under Society
- Heard & Seen Around – Your Daily Economi
- Purchase and sales of Shares entry in Tally
- Where to know latest GST HSN Codes and their Rates
- Hsn code and rate cnsl crude oil
- Clarification required on taxation of income from
- Pension Income up to Rs.1,66,250 per month equal t
- Reappointment of Managing Director in a private li
Related Threads
CAclubindia
