Tax audit report-

it any unsecured loan accepted and repayment exceeds 20000 then it will shown in 269ss and 269 t 

 

the question is that .

suppose unsecured loan 526840 then ai end of year i paid 15200 interest and 26500 loan accetance.

can we taken accetance of loan as well as interest of loan as acceted loan ?

Replies (2)

Yes u show in 269SS & 269T

OM SAI SRI SAI JAI JAI SAI

Yes,Interest is to be included as acceptance if Credited to unsecured loan account.However include net interest after TDS..

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