269SS/269T

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 June 2010
I am working pvt ltd., company , the following transaction happend on 5th May 2010 :

Query : my company is seasonal company
due to cash shortage in office ,one of my
director bring the cash Rs.5lakh and deposited in the account , still in the cash account because i stopped not to pay the amount because it attract 269ss

Pl how to handle this situation

regard
Rk

mohinder kansal

mohinder kansal (Expert)
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27 June 2010 such problems can be solved only after taking into consideration all the prevailing facts e.g., status of the company, directors, shareholders, capital base of the company etc. etc.