Sec 269SS and Sec269ST Payment/Receipt Through various modes

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Proprietor
538 Points Posted on 28 September 2022
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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On 28 September 2022 at 20:55 Report
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This discussion clarifies how to report a loan received through multiple banking modes, such as cheque and net banking, in Form 3CD. Both cheque and net banking are considered 'banking modes' for non-cash transactions. The guidance confirms that loan disclosures are indeed required in Form 3CD, ensuring compliance with relevant tax regulations.

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SEO Sai Gr. Hosp.
212503 Points Posted on 29 September 2022

Both the modes of acceptance of loan are categorized under 'BANKING MODE' i.e. NON-CASH MODE... 

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On 29 September 2022 at 13:49
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Profession
28261 Points Posted on 01 October 2022
Loan disclosures are there in form 3CD
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On 01 October 2022 at 07:08

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