EASYOFFICE
EASYOFFICE
EASYOFFICE

269SS

This query is : Resolved 
Profile Image

Profile Image

(Querist)
14 May 2011 IF ADVANCE MONEY RECD FOR SALE OF PLOT THEN 269SS WILL BE ATTRACTED OR NOT .........ANY CASE LAW.

B/C IN ICAI GUIDANCE NOTE IT IS GIVEN TO EXCLUDE ADVANCE AGAINST SALE OF GOODS.....

URGENTLY REPLY
Profile Image

Amol Gopal Kabra (CA,CS,DISA)

Profile Image

Amol Gopal Kabra (CA,CS,DISA) (Expert)
14 May 2011 Advances for sale of goods or assets are not covered under 269SS and 269T. Only loans and deposits accepted are covered. So, in your case, advance money received for sale of plot wont attract 269SS

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links