Whether Interest paid to relatives covered U/s 40A(2)(b) are also to be reported in 3CEB?
Whether 5 Crores limit is for each Business Enterprises or once it is more than 5 crores whether all transactions are covered
whether individuals are associated enterprise. In my view no.
its very late to reply you on this query
yes interest paid to associate enterprise is covered and the limit of Rs. 5.00 crores is for total of all transactions not individually
individulas are do covered. why not?
Shaswat initial support private limited
Ahmedabad
CS
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R P S K & Associates
Nashik
CA Inter
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CAclubindia
