https://www.taxtmi.com/forum/issue?id=113206 Where a creditor accepts payment from a third person for a debtor, the creditor should obtain from the debtor an ascertainment that the third person will discharge the debt and should secure the third person's explicit assent to pay; written records of the debtor's acknowledgement and the payer's agreement should be maintained as the operative documentary evidence of the arrangement. en-us Fri, 15 Dec 2017 15:21:26 +0530 Thu, 23 Jan 2025 15:55:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113206 Where a creditor accepts payment from a third person for a debtor, the creditor should obtain from the debtor an ascertainment that the third person will discharge the debt and should secure the third person's explicit assent to pay; written records of the debtor's acknowledgement and the payer's agreement should be maintained as the operative documentary evidence of the arrangement. Discussion-Forum Income Tax Fri, 15 Dec 2017 15:21:26 +0530 https://www.taxtmi.com/forum/issue?id=113206