Unsecured loans in cash

This discussion clarifies the limits on receiving unsecured loans in cash. While one user initially suggested Rs. 2,00,000 could be received in cash, it was clarified that Section 269SS restricts cash loans or repayments to under Rs. 20,000 per financial year. Section 269ST, which prohibits cash receipts of Rs. 2 lakh or more in a day or single transaction, was also discussed but deemed not applicable to the specific scenario of receiving a loan in cash.