Budget 2023-24: Penalty for cash loan/ transactions against primary co-operatives

Last updated: 01 February 2023


Section 269SS of the Act provides that no person shall take from any person any loan or deposit otherwise than by an account payee cheque or account payee bank draft or online transfer through a bank account, if the amount of such loan or deposit is Rs. 20,000 or more. Similarly, section 269T provid

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