Suppose A takes loan of Rs. 5,00,000/- (Rs. 3,00,000/- Cheque and Rs. 200,000/-net banking) from B.
Now how to report the same in Form 3CD as the loan was taken in two different modes
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Sec 269SS and Sec269ST Payment/Receipt Through various modes
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Quick Summary
Both the modes of acceptance of loan are categorized under 'BANKING MODE' i.e. NON-CASH MODE...
Loan disclosures are there in form 3CD
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