Sec 269t

RAJ KUMAR (FINANCE MANAGER) (1393 Points)

16 September 2013  

HELLO FRIENDS, THERE IS AN UNSECURED LOAN OF RS. 5 LAKH IN LAST YEAR BALANCE SHEET IN THIS YEAR HE IS ADMITTED AS PARTNER IN FIRM AND THE LOAN IS TRANSFERRED TO CAPITAL A/C

NOW PLS. TELL ME WHAT SHOULD BE REPORT IN SEC 269 T REPAYMENT OTHERWISE THAN A/C PAYEE CHEQUE , I MENTION YES BUT WHERE IS TO CLARIFY THIS POINT IN AUDIT REPORT.

PLS. REPLY ME. 

IT IS VERY URGENT.

THANKS.