As per part 269T one cannot pay back the total amount of mortgage or put or specified get better because of the interest, if any, payable on that into the bucks getting an amount of Rs
Analogy. Pratham is actually a member of staff in a family. 23,000/-(along with attention off Rs.4,000),he took away from their friend for higher education. Exactly what will getting result of the brand new said purchase getting An effective.Y. 2022-23 ?
To the admission out-of 269T, If an individual repays any mortgage or deposit or given improve referred to from inside the point 269T or even compared to conformity on the provisions of that section, he will be prone to pay, as a consequence of penalty, a sum comparable to the level of the mortgage otherwise put otherwise given advance therefore paid (excluding notice) significantly less than Point 271E.It is become noted that the words and additionally attention aren’t stated inside the sec 271E.Therefore Punishment are levied into Pratham amounting Rs.19,000/-. Weiterlesen