Section 269SS - Tax Audit

Preeti (Consulting) (159 Points)

08 September 2011  

Hi,

 

iN TAX AUDIT REPORT FOR SL NO 24 , WE NEED TO MENTION THE AMOUnt of loan or deposit taken during the year

i HAVE A CASE WHERE LOAN IS TAKEN THEN REPAID AGAIN SOME AMOUNT TAKEN AGAIN REPAID .

what amouNT WILL WE MENTION IN THE FOLLOWING CASE :

 

Month Debit Credit Balance
April 0 0  
May 0 0  
June 0 0  
July 0 0  
August 0 0  
September 0 0  
October 0 250000 250000
November 250000 0 0
December 0 0 0
January 100000 14345 -85655
February 0 670000 584345
March 390000 0 194345
       
Totals      7,20,000.00      8,34,345.00