269 ss

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

19 January 2012 sir,

i have received an advance of 200000/- in cash from my uncle for purchase of a land for him & returned back in cash. will this attract 269 SS or 269ST as mine is 44AB case ?

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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19 January 2012 Delete this entry from your books, if you and maintain books of a/c.

Uncle may show as directly given as advance to the land owner. On receiving he will make corresponding receipt entry.
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