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Please Help: Un secured loans hug amount sec 68 provision applicable

Posted Date : 14-Dec-2023 , 01:18:21 pm | Posted By: Kollipara Sundaraiah

Category : Income Tax | Answers : 0| Comments : 0| Hits: 2340

it assessee cash loans from different person rs:19000/- *40 different persons total rs:7,60,000/- Cash loans from different persons rs:18000/- *20 members rs:3,60,000/- amounts received after rs:15 lacs cash deposit in bank sb account for son Visa purposes. Doubt: Assessee unsecured loans huge amounts sec 68,69 provision applicable in it act.

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