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
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Regarding appeal to GSTAT
- Regarding TDS Applicability For Director Remuneration
- LC charges in relation to Asset purchased should be Capitalised ?
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Value of property in capital gain
- Multiple trade mark
- Transporter Declaration form
- Copyright software
- TDS APPLICABILITY......
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
