Personal Loan
This query is : Resolved
04 December 2010
Dear Friend,
Please Say a Propriter has taken Personal Loan.Is Personal Loan Secured or Unsecured Please Reply.
A Prop has made Recurring Ac should it be grouped under Investment or Current Asset.
Thanks & Regards
Survesh
Please Say a Propriter has taken Personal Loan.Is Personal Loan Secured or Unsecured Please Reply.
A Prop has made Recurring Ac should it be grouped under Investment or Current Asset.
Thanks & Regards
Survesh
04 December 2010
Personal loan is to be categorised as unsecured.., while recurring account may be as investment... But would like to know the reason, if someone claims it as simple bank account, i.e current asset
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
- About TDS & Income Tax
- Scrutiny and reopening of past returns
- Pass word to open justification report for Q1 for FY 2026-27
- Tax on Deemed Capital Gain
- Section 194JA & JB Income which ITR Form to use
- PPF interest-As Exempt Income disclosure
- Type of Capital Gain
- Booth for sales promotion
- F & O PROFIT REPORTING FOR AY 2026-27
- Regarding ITR filing with more value than showing in AIS/TIS
- ITR-3 File/Error Found
- Exiting partner in partnership firm in gst portal
- Taxability of credit in canara bank ET & T section (NRO)
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
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
