Menu
Urgent- Reduse the charge amount by modifying the charge
Hi all, my query is whether we can reduse the charge amount by filing the modification of charge..e.g... company took 25L loan from bank its included attached cc of 15L..now company cleared that cc amount 15L..so that is there any provisions or there under CA 2013. KINDLY GIVE BREEF INFORMATION REGARDING THE SUBJECT WITH SEC.
Replies (1)
modification of charge should be done just as if a new charge is created, in a nutshell, if there is any modifications in the charge, all the procedure of creating a new charge should be followed. (refer section 77,78)
Recent Topic
- Gift recd from brother
- How to show Loan write off in DPT 3?
- Form 10E and Salary arrear
- LTCG U/S 54F. Sale of property plus sale of share
- Issue with ITR2 online utility for HUF
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
Related Topics
CAclubindia
