Whether the amount of interest accrued and credited to the account of the lender would be considered as the loan taken/accepted under Section 269SS of the Income Tax Act, 1961?
Also whether it is also required to be disclosed in the Tax Audit report in Form 3CD?
Interest accrued and credited is not to be reported under 269SS
Hema Yashwanth & Associates
Chennai
B.Com
View Details
Rohit KC Jain & Co
New Delhi
CA Inter
View Details
Twenty Point Nine Five Ventures Private Limited
Noida
CA Inter
View Details
Saini Pati Shah & Co LLP, Chartered Accountants
Mumbai
CA Foundation
View Details
CCI
Pro
CAclubindia
