01 September 2010
With regards to Sec.269t of the Income Tax Act, is interest amount to be included in the repayment amount for purposes of form 3CD. For eg. if loan amount is Rs 100000 and interst is Rs 10000/. now if we repay full loan amount including interest, then what amount to be shown in coloumn 'Amount of Repayment'of form 3CD???
01 September 2010
sir, if we donot repay any amount, then will Rs 10000/- (ie interest) will be shown in the coloumn ' Amount of loan/deposit taken or accepted' u/s 269SS of form 3CD????