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Intrest On 269SS

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(Querist)
01 September 2008 Whether intrest charged On Unsecured Loan
is loan accepted during the year

as loan taken during year 500000
intrest charged 36000

is loan taken 500000

or

536000

in colum of 269SS in Tax Audit.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
02 September 2008 It is Rs.5,36,000/- in view of the circulars in 173 ITR (st) 44 and 164 ITR (st)154.
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CA. O.P. Agarwalla

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CA. O.P. Agarwalla (Expert)
20 April 2010 I think it should be Rs 500000/-



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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
21 June 2010 interest is to be taken

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