Darshit (CA Final) (964 Points)
25 September 2009Dear Friends,
I have taken unsecured loan from the party and have disclosed the same in my Tax Audit report. Now due to dispute with party he is not ready to appear in front of Assessing Officer. How should I present this case. Do you have any case law for the same, than please pass me on the same.
Ratan Deep Saxena
(Asstt Manager (Accounts & Finance))
(2998 Points)
Replied 25 September 2009
alternatively u can show confirmation statement duly signed and verified from the party alongwith account statement of concerned party.
CAclubindia
