Form 3cd - doubt regarding loans and advances to relative
This query is : Resolved
28 March 2014
A person is carrying on a proprietory businees , and he is liable U/s 44AB.
During the F.Y 2012-13, he had advanced an amount of Rs.1,00,000/-, out of his business income, to his wife. Whether this transaction liable to be shown in Form 3CD. If yes, under which section it has to be disclosed?
During the F.Y 2012-13, he had advanced an amount of Rs.1,00,000/-, out of his business income, to his wife. Whether this transaction liable to be shown in Form 3CD. If yes, under which section it has to be disclosed?
28 March 2014
then in bal sheet he needs to show as advanced given.
Message likes :
1 times
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
- Section 270A penalty
- GST Registration Application -Rejected
- Transport service POS
- GSTR 9C- Table 9
- E INVOICE, E-WAY, INVOICE
- To Whom the Invoice should be Raise to
- Tax liability on gift amount given to blood relation
- Query on solved queries
- When was the effective CA partnership deed? Can I use old FRN until new FRN alloted by ICAI?
- Clarification for reversal of IGST on transfer of duty-free imported goods from EOU to DTA unit
- Query Regarding Error in Establishing Connection with Traces WebSocket eSigner
- Capital gain on sale of resident house by non-resident Indian
- REGARDING RECTIFICATION ITR FORM OF TRUST AFTER 1 YEAR
- GST payable under RCM
- EXCESS CREDIT REALTED GST REVERSAL
- Export invoice not reported
- CA Articleship Extension Matter
- GST OFFICER WRONG NOTICE
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
Trending Online Classes
-
Live Course on GSTR 9 & 9C for FY 24-25(Detailed discussions, FAQ, Case studies and Live demo of GSTR 9/9C on GST Portal)
Industry Expert16 November 2025
CAclubindia
