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repayment of loan by book entries

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....epayment of loan by book entries<br> Query (Issue) Started By: - KAMAL PODDAR Dated:- 19-2-2011 Last Reply Date:- 19-2-2011 Income Tax<br>Got 1 Reply<br>Income Tax<br>is it correct to pass journal e....

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....ntries between two parties for repayment of loan i.e. Credit the outstanding loan of A and Debit the outstanding unsecured loan of B. Reply By GOPALJI AGRAWAL: The Reply: No it will not be in accord....

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....ance with the provisions of section 269T of the Income Tax Act.<br> Discussion Forum - Knowledge Sharing ....

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