U/s 269ss of income tax act 1961
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 October 2015
DEAR SIR,
KINDLY LET ME KNOW IF AN ASSESSEE TAKES LOAN FOR RS. 10,00,000/- BY ACCOUNT PAYEE CHEQUE OR BY DRAFT THEN IS IT NECESSARY TO FURNISH THE DETAILS OF LOAN PROVIDER OF SUCH LOAN IN NUMBER 31A OF AUDIT REPORT 3CD.
THANKING YOU,
KINDLY LET ME KNOW IF AN ASSESSEE TAKES LOAN FOR RS. 10,00,000/- BY ACCOUNT PAYEE CHEQUE OR BY DRAFT THEN IS IT NECESSARY TO FURNISH THE DETAILS OF LOAN PROVIDER OF SUCH LOAN IN NUMBER 31A OF AUDIT REPORT 3CD.
THANKING YOU,
10 October 2015
Yes. Inference is from the literal meaning of clause 31(a) (v).
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