Section 269ss and 269t
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 September 2011
while making the disclouser of loan or deposit accepted during the previous year , should we include the amount of interest that we credit into lender's a/c at the end of the year or is it purely the amount that we accept or take through banking channels?
Dintakurthi Tirumala
(Expert)
13 September 2011
No you need not to consider interest credited for the purpose of 269T but it also should be pay through banking channels for the purpose of 269SS.
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
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