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loan disclose in 3cd

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(Querist)
13 September 2016 if i am a proprietor and my business is under tax audit. but i have taken personal loan from my saving account and not used in my business then i have to give details of that loan in 3cd report???
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Amol S Joglekar

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Amol S Joglekar (Expert)
14 September 2016 if you are maintaining separate books of accounts for your business and individual transactions, then no need to report the same

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