269SS reporting
Jui Tanna (28 Points)
03 October 2018if yes, what should be written in mode of receipt? Should it be reported as otherwise than by cheque/dd/ecs
Ankita Chachan
(practitioner)
(548 Points)
Replied 03 October 2018
No interest should not be reported.
damodar sarda
(CA Practice )
(184 Points)
Replied 03 October 2018
Jui Tanna
(28 Points)
Replied 04 October 2018
Ankita Chachan
(practitioner)
(548 Points)
Replied 04 October 2018
Interest is not considered as loans and advances. Hence there is no need to report it.