Reporting of large loans and repayments: revised Form 3CD mandates detailed counterparty and payment mode disclosure. The Rules substitute serial 31 in Form No. 3CD to require auditors to disclose, for each loan, deposit, specified sum or repayment exceeding the prescribed cash-transaction limits, the name, address and PAN (if available) of the counterparty, amount, maximum outstanding during the year, mode of receipt or repayment (cheque, bank draft or electronic clearing) and whether cheques/drafts were account payee; Government, banking companies, government companies and statutory corporations are exempt from furnishing these particulars.