Clause 23 of form 3cd

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Please refer to Clasue 23 in Form 3CD - Particulars of any payment made to persons specified u/s 40A(2)(b). In this point do we need to mention on payments made on account of loans or loan repayments? Or only payments for expenditure need to be mentioned.

Please advise.

Replies (1)
Only expenditure such as salary to relative or interest paid to relative against loan or other. Loan acceptance or payable mentioned to separate clause whether from /to relative or others


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