Debt clearance by other sole account holder

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1 Points Posted on 01 January 2024

what if someone's wife pay her husbands debt from her sole account holder, what kind of proof lender to be submitted to lender for clearing his audit query.

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On 01 January 2024 at 21:11 Report
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Quick Summary
This discussion explores the documentation required when a wife uses her sole account to pay her husband's debts. The query centres on what proof a lender needs to satisfy an audit query. However, one contributor suggests that no amount of proof may resolve the specific audit query, raising a question about the definition of a 'sole account holder'.

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Accountant
1227 Points Posted on 01 January 2024
The question is not clear
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On 01 January 2024 at 21:39
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Practising CA
8954 Points Posted on 01 January 2024
No kind of proof will help to resolve the audit query.

Rgds
CA. Raj Doshi
R C D & Co.
Chartered Accountants
Kandivali West,Mumbai
1 Reply
On 01 January 2024 at 23:10
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Accountant
1227 Points Posted on 02 January 2024
What is sole account holder?
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On 02 January 2024 at 09:13

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