loan receives from fictitious person less than 20000 how to deal with that
Menu
Sec 269ss misuse how to deal
Replies (3)
Paid cash and account balance will be NIL. ( no need to disclose in 269SS)
no need to take confirmation for the tax audit
if such balances would appear in balance sheet then confirmation and 269SS would apply,
better to put such amounts in "advance from customers"
Recent Threads
- Revised Income tax return karna padega kya
- Registration as deductor on traces site
- Rental Income from a Joint Holding property
- Itr 4 return filing question
- Whether GST applicable on Hardship Compensation pa
- ITC cannot be denied to Bona Fide Buyers for Suppl
- Unused ITC for Hotel after GST Change
- CA FINAL SPOM
- 44ad presumption of tax
- Friendly loan to blood relative?
Related Threads
CAclubindia
