Shubhangi Mathur (student) (127 Points)
29 June 2016
Mohan
(Audit Assisstant & Accounts Manager)
(489 Points)
Replied 30 June 2016
Shubhangi Mathur
(student)
(127 Points)
Replied 30 June 2016
Mohan
(Audit Assisstant & Accounts Manager)
(489 Points)
Replied 30 June 2016
mohammad rasool baig
(Management Consultant)
(1026 Points)
Replied 01 July 2016
How do you obtained the unsecured loan? through bank or cash.
Mohan
(Audit Assisstant & Accounts Manager)
(489 Points)
Replied 01 July 2016
Mohan
(Audit Assisstant & Accounts Manager)
(489 Points)
Replied 01 July 2016
Mohan
(Audit Assisstant & Accounts Manager)
(489 Points)
Replied 01 July 2016
mohammad rasool baig
(Management Consultant)
(1026 Points)
Replied 01 July 2016
It means money transaction happened through cash or bank?
Mohan
(Audit Assisstant & Accounts Manager)
(489 Points)
Replied 01 July 2016
mohammad rasool baig
(Management Consultant)
(1026 Points)
Replied 01 July 2016
In that case, you convert the same into advance but if required, you need to substantiate the same to AO.
Mohan
(Audit Assisstant & Accounts Manager)
(489 Points)
Replied 01 July 2016
Shubhangi Mathur
(student)
(127 Points)
Replied 01 July 2016
Loan was through bank but the party was going abroad and the firm was not having enough funds so it asked the firm to perform work contract in lieu of loan
Shubhangi Mathur
(student)
(127 Points)
Replied 03 July 2016
The loan was through bank but the party is now leaving India wanting the firm to perform a work contract for it in lieu of the unsecured loan it had taken
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