Loan from father

resp members

pls guide whether i have to show loan taken from my father for misc bussiness years back i am already showing in secured loans and paying him minimum interest..

do i have to mention his name etc details in new itr 3 etc ,,,pls guide

Replies (6)
Quick Summary
This discussion addresses whether a loan taken from a father for business purposes years ago needs to be disclosed in new ITR 3 filings. The consensus suggests including it in the balance sheet and paying minimum interest. Further clarification is sought regarding the specific details required, such as mentioning the father's name.

You can add this in your balance sheet.

Let me know if you need any help.

ca.ajaakarshjain16 @ gmail.com

You can add this in your balance sheet.

Let me know if you need any help.

ca.ajaakarshjain16 @ gmail.com

You can add this in your balance sheet.

Let me know if you need any help.

ca.ajaakarshjain16 @ gmail.com

You can add this in your balance sheet.

Let me know if you need any help.

ca.ajaakarshjain16 @ gmail.com

You can add this in your balance sheet.

Let me know if you need any help.

ca.ajaakarshjain16 @ gmail.com

THANKS FOR GUIDING PLS LET ME KNOW MORE I HAVE POSTED MORE QUERY

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