Loan to debtor pay amount not showing
This query is : Resolved
21 May 2022
Sir,
It assessee cash loan pay to debtor rs:4 lacs in f.y.2018-19 .this transaction not showing in books and it returns.if assessee cash loan rs:4 lacs amount received from debtor in f.y.22-23.
Question:
Assessess above mentioned loan transaction show procedure in books and it returns.
It assessee cash loan pay to debtor rs:4 lacs in f.y.2018-19 .this transaction not showing in books and it returns.if assessee cash loan rs:4 lacs amount received from debtor in f.y.22-23.
Question:
Assessess above mentioned loan transaction show procedure in books and it returns.
22 May 2022
It can be treated as sale receipt and brought in to books of accounts..
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