Particulars of indebtedness in annual return
This query is : Resolved
Anamit Babar
(Querist)
22 October 2014
Dear professionals,
In Annual Return as per Schedule V we required to give particulars of Indebtness.
I want to know that what includes in Indebtness.
Like long term loans, Short terms loan
In Annual Return as per Schedule V we required to give particulars of Indebtness.
I want to know that what includes in Indebtness.
Like long term loans, Short terms loan
Message likes :
1 times
CS Mitesh Mehta
(Expert)
22 October 2014
Secured Loan whether short term or long term
Message likes :
2 times
Anamit Babar
(Querist)
22 October 2014
Thank you so much for your reply.
but one query is whether we include amount of Cash credit which is not secured by charge on asset of company
but one query is whether we include amount of Cash credit which is not secured by charge on asset of company
CS Mitesh Mehta
(Expert)
22 October 2014
No need to include if it is unsecured
Anamit Babar
(Querist)
27 October 2014
Thank you very much sir...
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