From: Himanshu Sharma <himanshu.sharma@...>
Subject: [Monarch's I-TAX] Re: Cash Credit
To: itaxusers@googlegroups.com
Date: Wednesday, 24 December, 2008, 1:43 PM

Please refer section 273B of the IT Act. Onus is on you to proof that the same was not a manupulating transaction.

Thanks & Regards

Himanshu Sharma
Nangia and Company
Chartered Accountants
75/7, Rajpur Road,
Dehradun -248001 (India)
O +91-135- 2747084,2743283
F +91-135- 2740186
E-mail: himanshu.sharma@... 
W-Site: www.nangia.com 

 

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From: itaxusers@googlegroups.com [mailto:itaxusers@googlegroups.com] On Behalf Of Bharat Shah
Sent: Tuesday, December 23, 2008 4:06 PM
To: Helpline
Subject: [Monarch's I-TAX] Cash Credit

Sir,

 

My client had taken and repaid Cash Loan from his agriculturist brothers Rs. 10 lakhs during 2005-06.

 

Had produced relevant 7-12 - and a letter that the village do not have any Bank.

 

Can some one help me with some kind of rulling on the point

 

Bharat Shah

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