Education Loan

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My client took education loan 18 lakh for his son so my question is where to show in balance sheet this Transaction.
Replies (3)
Not get you properly
for audit you can show
Education Loan is usually not shown in the Balance Sheet of the Business. It's your client's personal matter. It's not a Business loan.

What is your Client's Constitution of Business ???
Education Loan never shown in Balance Sheet.


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