Please help Payment to relative
Ankush (Student) (1369 Points)
06 October 2020
What to report in form 3cd. whether payment made to relative or expense booked in name of relatives.
1 Replies
CA ABHAY GUPTA
(Practice)
(3230 Points)
Replied 06 October 2020
If it is related to loan taken or given then need to be shown in 269 SS or 269T, if it related to sale, purchase or any other expense then to be shown in 40(A)(2)..
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