Whether interest included u/s 269 ss and 269 t?
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 June 2013
Whether Interest paid to Assessee who gives loan u/s 269 SS or 269 T included or not?
28 June 2013
Interest doesn't fall with in the purview of section 269SS. But, if interest is converted into loan and the aggregate of principal and interest cross the limit as in section 269SS the auditor has to report on the same.
Courtesy:- ICAI publication.
Courtesy:- ICAI publication.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Section 270A penalty
- GST Registration Application -Rejected
- GSTR 9C- Table 9
- To Whom the Invoice should be Raise to
- Tax liability on gift amount given to blood relation
- Reimbursement of expense- GST applicable or not
- Form 104 stamp paper deed
- Query on solved queries
- PLACE OF SUPPLY FOR COMMISSION AGENT
- E INVOICE, E-WAY, INVOICE
- EXCESS CREDIT REALTED GST REVERSAL
- Export invoice not reported
- CA Articleship Extension Matter
- GST OFFICER WRONG NOTICE
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
- Revision under Section 264 in The Income Tax Act, 1961
- TDS under section 195.
- Filing GST Returns after death of proprietor
- Registered Required in GST Act
Trending Online Classes
-
Live Course on GSTR 9 & 9C for FY 24-25(Detailed discussions, FAQ, Case studies and Live demo of GSTR 9/9C on GST Portal)
Industry Expert16 November 2025
CAclubindia
