Ponder carefully – while Accepting or Repaying Loan or Deposit of Rs. 20,000 or More In Cash
To curb the generation of black money by way of dealing in cash in immovable property transactions, the Finance Act 2015 has prohibited – “ No person shall take or accept from any other person – Any Loans or Deposits of Rs 20,000 or More in cash. According to section 269SS, it is very much … Read more Ponder carefully – while Accepting or Repaying Loan or Deposit of Rs. 20,000 or More In Cash