Transfer of money from bank a/c

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 April 2010 Dear Expert,
I have received some amount (more than 20000) from my freind (Let A) though by bank. Firstly my freind (A) transfer amount to his freind a/c (Let B), then his freind B transfer it to me.
Now can I directly return the money to my freind A's a/c or I hav to transfer it to his freind B then B make transfer it to A.

Suggest......

Aditya Maheshwari

Aditya Maheshwari (Expert)
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02 April 2010 Transfer it to B and transfer to A

Querist : Anonymous

Querist : Anonymous (Querist)

03 April 2010 Can I transfer it to directly A

Aditya Maheshwari

Aditya Maheshwari (Expert)
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03 April 2010 See u have received amount from B. So you should not be concerned from where B has got the money and u will be showing that amount is due to be paid to B. So you should pay to B only.

If u have recorded in the books the amount is received from A then pay to A directly otherwise not though the first transaction is not correct accounting.

CA. Kishore Choudhary

CA. Kishore Choudhary (Expert)
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03 April 2010 right....

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