Reporting u/s. 269ss and 269t in form 3cd
This query is : Resolved
Harsh Khakhi
(Querist)
10 September 2013
If there are no transactions during the year in the account of unsecured loans/deposits, (i.e. opening balance is equal to closing balance and no transactions), is it required to be reported in clause 24 of Form 3CD? There is no amount accepted or repaid during the year. Is it needed to be reported in 3CD? If yes, how? Thank you in advance.
Nitesh Parmar
(Expert)
11 September 2013
If there are no transaction then not required to report for the same.
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