TMI Blogrepayment of loan by book entriesX X X X Extracts X X X X X X X X Extracts X X X X ..... repayment of loan by book entries X X X X Extracts X X X X X X X X Extracts X X X X ..... entries between two parties for repayment of loan i.e. Credit the outstanding loan of A and Debit the outstanding unsecured loan of B. Reply By GOPALJI AGRAWAL: The Reply: No it will not be in accor ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dance with the provisions of section 269T of the Income Tax Act. X X X X Extracts X X X X X X X X Extracts X X X X
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