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U/s 269ss of income tax act 1961

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 October 2015 DEAR SIR,

KINDLY LET ME KNOW IF AN ASSESSEE TAKES LOAN FOR RS. 10,00,000/- BY ACCOUNT PAYEE CHEQUE OR BY DRAFT THEN IS IT NECESSARY TO FURNISH THE DETAILS OF LOAN PROVIDER OF SUCH LOAN IN NUMBER 31A OF AUDIT REPORT 3CD.

THANKING YOU,
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
10 October 2015 Yes. Inference is from the literal meaning of clause 31(a) (v).

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