Due of Rs700000/ from loan debtor
This query is : Resolved
ARUN GUPTA
(Querist)
26 January 2024
Pl note that I gave loan of Rs700000/ to a party .now the party is not returning my money.I want income tax department adjust this money for my taxes .How to start the process?
CA R SEETHARAMAN
(Expert)
26 January 2024
It's not atall possible.
No provisions under income tax for this.
No provisions under income tax for this.
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