Non business person advance received allowed
Kollipara Sundaraiah (B.com) (2984 Points)
28 February 2023question:
assessess non business person advance received allowed in it act.
Kollipara Sundaraiah (B.com) (2984 Points)
28 February 2023
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178099 Points)
Replied 28 February 2023
It can be treated as loan and not advance.
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 03 March 2023