https://www.taxtmi.com/acts?id=11951 Receipts or repayments of monetary loans or deposits that exceed an aggregate monetary threshold in a financial year must be made by account payee cheque or bank draft; for repayment the aggregate includes principal and interest repaid. Exemptions include the Government, banking and certain statutory or notified institutions, Government companies, and persons with only agricultural income. "Loan or deposit" is defined to mean money and, for repayment, includes repayable-after-period loans or deposits and, for non-corporates, loans or deposits of any nature. en-us Fri, 17 Sep 2010 12:13:34 +0530 Fri, 17 Sep 2010 12:13:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=11951 Receipts or repayments of monetary loans or deposits that exceed an aggregate monetary threshold in a financial year must be made by account payee cheque or bank draft; for repayment the aggregate includes principal and interest repaid. Exemptions include the Government, banking and certain statutory or notified institutions, Government companies, and persons with only agricultural income. "Loan or deposit" is defined to mean money and, for repayment, includes repayable-after-period loans or deposits and, for non-corporates, loans or deposits of any nature. Act-Rules Bills Fri, 17 Sep 2010 12:13:34 +0530 https://www.taxtmi.com/acts?id=11951