19 September 2020
In form 3CD, point 31(a) - Particulars of each loan or deposit in an amount exceeding the limit specified in section 269SS taken or accepted during the previous year under head - Amount of loan or deposit taken or accepted
1. Are we required to disclose the amount accepted during the previous year only or the total balance outstanding (opening + accepted during the year) ? 2. Are we required to disclose the name of parties from which no amount has been accepted during the year but there is an opening balance outstanding?
Thanks in advance and really appreciate the feedback