Tax Audit Report, Income Tax

[nindar kumar]

Respected Experts,

Let me know that u/s 269SS and 269TT in tax audit report is mention that maximum amount outstanding at any time during the previous year. What should meaning of these words. I want to know this through a examle e.i

Date Dr Cr Total Amt

31.10.2015 1000Cr

31.10.2015 500 1500Cr

31.10.2015 200 1300Cr

Now what amt to be showed in tax audit report under above section.

Whether this should Amt1500 or 1300.

Posts / Replies

[Ganeshan Kalyani]

Sir, 1500. Thanks