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Deposit

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 July 2010 Hi
Respected Member

Can any one tell me?

I am doing tax audit of private co, in that case director give deposit to such company.

Then any disclosure require for deposit under CARO or For the purposer of 3 CD tax audit report?
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srinath

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srinath (Expert)
15 July 2010 If deposit is accepted in Cash then should be reported u/s 269SS and for repayment sec 269T would be attracted. ie clause 24 of form 3CD.

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