269ss says
loan or deposite taken or accepted
does loan/advance given by company to its staff is covered by it
2 Replies
Prateek Agarwal
(Sr. Executive - Finance & Accounts)
(1732 Points)
Replied 13 June 2012
No. It wont be covered.
Roshan A
(Chartered Accountant)
(458 Points)
Replied 13 June 2012
The provisions shall apply as the section does not exclude such payments.
Recent Topics
- Form 3CEAB
- Form 3CEAA and Form 3CEAB
- DIR 3 Web KYC
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
- Making payment once in quarter possible under QRMP
- Master File Documentation related
- Applicability of 44AD needs clarification
- ITC reversal in GST 3B
Related Threads
CAclubindia
