Payments made to specified persons must be disclosed here. now my question is whether the payment made to related parties should be shown? or expenditure booked with respect to that party must be shown? Eg. I would have debited my P&L say 10 lakhs but actually during the year have paid only 7 lakhs.. then what is it I need to show in
form 3 CD in clause 23?
Thanks in advance.
CAclubindia
