25 September 2015
Dear All, I had a query regarding section 269SS. I had a client who has taken a cash loan from a party of Rs.100000 during the FY 2014-15. and the opening balance of the party is Rs. 350000, which was taken in the year 2013-14 by a cheque. So now My query is in Tax audit report 3CD in clause 31(a) in the maximum amt outstanding at any time during the PY which amt will going to come whether 100000 or 450000. Plz reply as soon as possible