SEC 269SS AND SEC 269T

This query is : Resolved 

27 September 2008 this is with refrence to section 269SS and T

if i had taken a loan of 4.5 lacs and repay the party 5 lacs then whether i will be showing repayment as 4.5 lacs or 5 lacs.

if i had accepted security deposit for different reasons from the same party then whether i will be clubbing the amount or show it seperately(i have made the individual acconts seperate)


27 September 2008 Section 269SS and T are concerned with cash transactions while you have not mentioned anywhere in your query ,where said transactions have been cash or through account payee cheques.

Secondly ,50000 more than principal seems u have paid as interest ,so same as expenses.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details