Asset on EMI- ITR REPORTING
Anish Verma (35 Points)
07 July 2024
If any asset related to business is taken on loan under EMI, How to report the same in ITR4?
2 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178293 Points)
Replied 07 July 2024
As such under sundry creditors, if you wish.
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 07 July 2024
If You asked asset then its under fixed asset...
If You are asking outstanding payable (loan due) then its under Sundry Creditors...
If You are asking outstanding payable (loan due) then its under Sundry Creditors...
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