Crop loan jointly holders
This query is : Resolved
Quick Summary
Kollipara Sundaraiah
(Querist)
20 July 2021
Sir,
Two it assess crop loan from bank
1st person crop loan Rs:1,50,000/-
2nd person crop loan Rs:1,50,000/-
Two persons Total rs:3 lacs crop loan amount transferred to joint bank account credited.
Question:
Crop loan rs:3 lacs 1st person or 2nd person show in it returns.
Two it assess crop loan from bank
1st person crop loan Rs:1,50,000/-
2nd person crop loan Rs:1,50,000/-
Two persons Total rs:3 lacs crop loan amount transferred to joint bank account credited.
Question:
Crop loan rs:3 lacs 1st person or 2nd person show in it returns.
CA Rashmi Gandhi
(Expert)
21 July 2021
In both returns amount will be Rs. 1.5 lakhs.
27 November 2021
Advisable to deposit such amount in separate bank accounts of first holder.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Query on effect of registration of property
- GST on reimbursement of expenses
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Visiting card purchase
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Number of years as per AS amortisation of Goodwill
- Wrong CMPo8 file
- Whether output tax is taken credit by purchaser
- Additional trade name
- Equity Share Sale and Purchase
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
