Particulars of indebtedness in annual return

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Anamit Babar (Querist)
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22 October 2014 Dear professionals,

In Annual Return as per Schedule V we required to give particulars of Indebtness.

I want to know that what includes in Indebtness.

Like long term loans, Short terms loan

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CS Mitesh Mehta

CS Mitesh Mehta (Expert)
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22 October 2014 Secured Loan whether short term or long term

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Anamit Babar

Anamit Babar (Querist)
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22 October 2014 Thank you so much for your reply.

but one query is whether we include amount of Cash credit which is not secured by charge on asset of company

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CS Mitesh Mehta

CS Mitesh Mehta (Expert)
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22 October 2014 No need to include if it is unsecured

Anamit Babar

Anamit Babar (Querist)
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27 October 2014 Thank you very much sir...