Repayment of certain loans or deposits in cash - Section 269T – ...

High Court rules personal reasons don't justify cash loan repayments, enforcing strict compliance with Section 269T of Income Tax Act.

July 2, 2014

Case Laws Income Tax HC

Repayment of certain loans or deposits in cash - Section 269T – explanation of the Assessee was that the loan was repaid in cash as the father of payee was not well and the amount was required for illness is not acceptable - HC

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Repayment of certain loans or deposits in cash - Section 269T – ...

High Court rules personal reasons don't justify cash loan repayments, enforcing strict compliance with Section 269T of Income Tax Act.

July 2, 2014

Case Laws Income Tax HC

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