372a
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 October 2013
Dear All,
Whether advanced security deposits appearing in the assets side considered for the purpose of 372A ?
Thanks
Whether advanced security deposits appearing in the assets side considered for the purpose of 372A ?
Thanks
08 October 2013
No, if they are refundable.
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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