Npa Bank account
This query is : Open
Iftekhar Shaikh
(Querist)
09 September 2017
bank loan account got classified NPA for a small amount short of RS.140 that to due to Mistake of bank as the loan holder paid the AMT demanded now the bank is asking to pay whole loan amount advice
K Srinivas, CMA CS
(Expert)
09 September 2017
When the account turns NPA , Banks usually recall the entire advance given to the borrower.
SInce the overdue amount is very paltry and the mistake was on Bank's part, explain the details in a mail and send it to branch for confirmation and upgradation of the account.
SInce the overdue amount is very paltry and the mistake was on Bank's part, explain the details in a mail and send it to branch for confirmation and upgradation of the account.
Iftekhar Shaikh
(Querist)
10 September 2017
thanks sir
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
- Tax on Amount transferred in HUF Account
- Nursery business
- Working on Gold wastage during Melting of old gold jewellery
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Gift to nri relatives residing in usa
- GST input credit on commercial property
- ETDS return q4 25-26
- Section 269ST applicability for capital introduced by partner to his partnership firm
- GSTR-9C filing
- Royalty payments to the Mining Department for procurement of murum - GST input
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
