it assess cash gift to brother rs:15 lacs through on online mode pay in f.y.19-20.
if assess brother above transaction mistake treatment cash loan from brother in f.y.19-20 show in books.
question:
above transactions how to adjustment procedure books in f.y.20-21 for both Assess.
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Gift transaction mistake treatment cash loan in books
Replies (4)
Quick Summary
Trasfer the loan amount into capital account
Agree with above comment
I also agree
Yes ..
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