Repayment transactions include loans or deposits repayable on notice or after a period and advances for immovable property transfers. Repayment transactions that attract the cash transaction limit include repayment of any loan or deposit repayable on notice or after a period (for non companies covering loans or deposits of any nature), and any sum of money in the nature of an advance relating to the transfer of immovable property, whether or not the transfer takes place.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Repayment transactions include loans or deposits repayable on notice or after a period and advances for immovable property transfers.
Repayment transactions that attract the cash transaction limit include repayment of any loan or deposit repayable on notice or after a period (for non companies covering loans or deposits of any nature), and any sum of money in the nature of an advance relating to the transfer of immovable property, whether or not the transfer takes place.
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