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Transfer of money from bank a/c

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 April 2010 Dear Expert,
I have received some amount (more than 20000) from my freind (Let A) though by bank. Firstly my freind (A) transfer amount to his freind a/c (Let B), then his freind B transfer it to me.
Now can I directly return the money to my freind A's a/c or I hav to transfer it to his freind B then B make transfer it to A.

Suggest......
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
02 April 2010 Transfer it to B and transfer to A
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Querist : Anonymous

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Querist : Anonymous (Querist)
03 April 2010 Can I transfer it to directly A
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
03 April 2010 See u have received amount from B. So you should not be concerned from where B has got the money and u will be showing that amount is due to be paid to B. So you should pay to B only.

If u have recorded in the books the amount is received from A then pay to A directly otherwise not though the first transaction is not correct accounting.
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CA. Kishore Choudhary

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CA. Kishore Choudhary (Expert)
03 April 2010 right....
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