Query regarding form 3CD Clause 31

Piyush Chauhan (1 Points)

28 December 2023  

Hi everyone, In clause 31 of Form 3CD, under section 269 SS, do we need to show if a loan is taken through NEFT from a director who has 99% shareholding in the company? Or will this not account as a loan or deposit as the director and company are one and the same only.