Cash credit in form mgt-9?
RAHUL (Student CA Final ) (377 Points)
21 January 2016
How do I show Cash Credit in Form MGT-9? Unlike a term loan, how to show principal and interest seperately?
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 21 January 2016
Entire outstanding amount can be shown as principal only.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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