Personal loan unpaid

Hi 

if any personal loan is unpaid should the amount be capitalised or considered as an income in accounts? Amount is approx 50lakhs?

Replies (2)
Quick Summary
This discussion explores the accounting treatment for an unpaid personal loan of approximately 50 lakhs. The core question is whether the outstanding amount should be capitalised or recognised as income. The consensus leans towards treating it as a liability, not income, especially once it's officially deemed not payable.

Should be considered as income once it is officially not payable
Loan is a liability not income.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details