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Income Tax - Highlights / Catch Notes

Home Highlights February 2012 Year 2012 This

Penalty - Provision of section 269SS - Cash loans - The amount ...

Case Laws     Income Tax

February 7, 2012

Penalty - Provision of section 269SS - Cash loans - The amount taken for a short period. - It has to be considered as temporary advance - If it is a temporary advance, such temporary advances are outside the purview of section 269SS of the Act..... - AT

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