if loans given to anyone shows on assts side upto rs. 100000, but divided into bifurcate level in 20000 on relatives name, there should be any problem in scrutiny????
thanks & regards
aruna thakur
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loans & advances
Replies (1)
All your relatives must be able to give confirmation of loan given and must have shown the said loan in their respective balance sheets also, if they prepare. If the above are satisfied there should not be any problem in your scrutiny assessment.
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