3cd

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(Querist)
01 August 2016 Pls help me out on this query,a business loan taken from relative by an prop.assessed,he accrued the interest in books but not paid it and trf it to loan amount at the year end.what disclosure is required in3cd
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Amol S Joglekar

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Amol S Joglekar (Expert)
01 August 2016 If it is hit by 269SS and/or 269T, then report it else no reporting is required

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