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of <h1>Section 269SS: Cash Transactions with Government, Banks, and Notified Bodies Exempt from Restrictions Under Income Tax Act.</h1> Section 269SS of the Income Tax Act does not apply to loans, deposits, or specified sums received in cash from certain entities. These exceptions include transactions with the government, banking companies, post office savings banks, cooperative banks, corporations established by Central, State, or Provincial Acts, government companies as defined under the Companies Act, 2013, and other notified institutions, associations, or bodies.
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