what is euitable mortgage charges in case of bank loan and when these are debited to the account and on which type of loan equitable mortgage charges debited? please explain with reference to revenue audit.
Menu
Revenue audit
Replies (2)
equitable mortgage is created by banks which giving cash credit loans or housing loans.
however, in case of housing loans some banks give waiver of equitable mortgage charges.
check as per bank's circulars.
verify with bank circular......
Recent Topic
- CGAS account Holder Deceased
- ITR form suggestion
- Post office KVP income.
- Free GST invoice tool I built for my practice R
- Clarification on Gratuity Exemption under Section
- GOODS AND SERVICE TAX - GSTR 1
- Correct ITR form
- Clarification required on Section 393 & Report
- Professional advance taxes
- Surrender pan process
Related Topics
CAclubindia
