Reporting u/s 269 ss and 269 t
This query is : Resolved
12 July 2011
According to section 269ss and 269T loan or deposit taken or repaid over and above 20000/- rs. should not be made otherwise account payee cheque or DD. My question is whether loan repaid below the specified limit requires reporting under 3CD? If one party has made repayment of rs. 7500/- during previous year, should it be reported in 3cd??? Similary in case of 269SS, whether loan taken below rs.20000/- should be reported???
12 July 2011
Loan below the limit need not be reported in clause 24(a) and (b) of 3CD.
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
- EPF ECR NEW FILE SEP 17TH 2026
- Gst registered proprietorship firm
- Capitalgain tax purposes for valuation report compulsory
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- TDS on Fixed Assets purchased
- Non filing of I T Returns
- TDS on purchase of under construction property from a reseller
- TAX AUDIT ON PROFESSIONAL INCOME
- SALARY CAN BE CAPITALIZE
- GST Intimation due to Government took possession of Business Premises under PPE Act
- Under marginal scheme
- Import of Software Service.
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- 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
