Itr v
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 September 2011
respected sir
i have query regarding bank o/d.actually i confuse about bank o/d goes under which head in itr v balance sheet.because there is no any head in current liabilities. therefore may i enter under secured loan.please help me its urgent
i have query regarding bank o/d.actually i confuse about bank o/d goes under which head in itr v balance sheet.because there is no any head in current liabilities. therefore may i enter under secured loan.please help me its urgent
17 September 2011
yes its secured loans
17 September 2011
Generally, bank overdraft is secured by hypothecation of movable assets of the borrower. If that is your case,pl shown in 'secured loans'.
Message likes :
1 times
17 September 2011
Yes, Agreed with Experts and also if not secured then May Show it as Unsecured
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
- Capital gain from sale of house property
- Opting our of sec 44AD
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- Regarding TDS Applicability For Director Remuneration
- Transporter Declaration form
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Value of property in capital gain
- Copyright software
- 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
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
