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Posts tagged "Journal entries and 269ST"

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Tag: Journal entries and 269ST

Income Tax

Loan acceptance and repayment through journal entries & penalty provision u/s 271D

Loan acceptance and repayment through journal entries & penalty provision u/s 271D
December 30, 2021 0 Comments
Loan acceptance and repayment through journal entries & penalty provision u/s 271D       Section 271D provides for levy of penalty if the loan amount of Rs. 20,000/- or more is accepted or repaid by any mode other than account payee instruments ...
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