Does 20000 cash loan atract u/s 269ss

Non tax payer lent cash loan of rs.20000/-  and opposite party issued cheque for discharge of the loan and cheque get dishonor, even he did not pay after legal notice,  case file u/s 138 NIA,

My question is, whether cash loan rs.20000/- attract u/s 269SS Income Tax Act.




Provision U/s. 269SS would certainly be attracted.


Planning upfront for Does 20000 cash loan atract u/s 269ss is totally vital. There's always last minute options (debit card advances, payday loans), but the best way is to sort all of it in advance. The most important thing is always to avoid agents/brokers - they're always overly expensive.

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Cash loan is a concern for many individuals, but saying that there certainly won't end up being any kind of inconvenience or hassle is a little untrue. The fact is that cash loan is less of a problem for UK some residents, but that doesn't mean that it isn't a factor.


Quick cash loans utilized by people from every walk of life. If you’re employed, aged at least eighteen and a UK resident with a UK bank account, you are able to apply as well. If you require some quick cash, fast payday loans could possibly be the right option for you. They’re quick to apply for, quick to receive decisions with, and you could have the cash in an hour hour.

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