19 September 2013
POINT NO.-18 OF FORM 3CD-I WANT TO ASK WHAT WE NEED TO MENTION IN THIS POINT IF PAYMENT IS made TO SPECIFIED PERSON UNDER SEC-40a(2)(b)or excessively paid to person specified under same same section and secondly what abt specifically for interest and commission paid to partners of a a firm.
In this clause all payments are to be disclosed, whether or not they are excessive….. Yes..interest and commission to the partners is to be disclosed in the clause
19 September 2013
Any payments made to related parties are to be reported under this claues . . just obtain list of related parties and scrutinize those ledgers
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