15 May 2011
RECEIPT FROM DEBTORS=20000=269SS NOT ATTRACTED PYMT TO DRS [SINCE EXCESS RECD]--269T NOT ATTRACTED PYMT TO CRS >20000 40A(3) ATTRACTED RECEIPT FROM CRS=> 20000 269SS NOT ATTRACTED
ADVANCE RECD FROM DRS=269SS NOT ATTRACTED
ADVANCE GIVEN TO CRS >20000 40A(3) ATTRACTED
NOTHING MENTIONED IN THE PROVISIONS OF SEC 269SS/T SPECIFICALLY STATING THT DRS/CRS TRANS R OUTSIDE THE SCOPE OF 269SS/T.
BUT IN GUIDANCE NOTE ISSUED BY ICAI IT IS STATED....
SO PLS GIVE ME ANSWER BY GIVING SOME CASE LAWS/CIRCULARS/.............
CAclubindia
