372a

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 October 2013 Dear All,

Whether advanced security deposits appearing in the assets side considered for the purpose of 372A ?

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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
08 October 2013 No, if they are refundable.
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Ajay Mishra

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Ajay Mishra (Expert)
08 October 2013 Section 372 will includes only security money given against the loan to any other person. If such mentioned money is for loan purpose then it will be count.
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