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Question ID : 40390

FORM 3CD LOAN REPAYMENT OTHERWISE THEN IN CASH

Unsecured loan was taken by way of journal entry in one hand from another as legal heir fund. How to disclose the same in 3CD, as this entry fall in none of the prescribed mode. Similarly how to disclose payment of Interest on unsecured loans which is paid by way of journal entry only

Posted by SURAJ KUMAR CHOUDHURY on Sep 13, 2019

Filed Under DIRECT TAXES

Answer ID : 85636

all by way of usual entries....receipt from legal heir is not taking loan

Posted by SIVADAS CHETTOOR on Jan 26, 2025