Squared up and maximum amount u/s. 269SS and 269T
Rijo John (audit manager) (447 Points)
12 November 2019
what do you mean by Squared up and maximum amount u/s. 269SS and 269T in Form 3cd
1 Replies
Kapadia Pravin
(17264 Points)
Replied 12 November 2019
If the loan is paid up in full and outstanding amount as on 31.03 is Nil than it is called squared up.
maximum amount outstanding in the account at any time during the Financial year;
maximum amount outstanding in the account at any time during the Financial year;
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