Net Banking
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 April 2011
As per income tax whether net banking is compulsory?
If compulsory then what is the eligibilty for company,firm &individual?
If compulsory then what is the eligibilty for company,firm &individual?
23 April 2011
Net banking is facility provided by banks and not compulsory. Online Income tax payment is compulsory. One can take net banking for one account for income tax payment and may not take net banking for other accounts.
Message likes :
1 times
23 April 2011
The purpose of net banking is to provide facility of seeing account statements and doing banking transactions through internet. Any body who applies to the bank for this facility is eligible as per norms of the particular bank.This facility is not mandatory for any one. One may or may not opt for this facility.
I differ with Mr Ranjan kapoor. Online Income Tax payment is not compulsory for all. It is compulsory only for a certain catagory of tax payers. Others can pay through paper challans as usual or may opt for e payment.
I differ with Mr Ranjan kapoor. Online Income Tax payment is not compulsory for all. It is compulsory only for a certain catagory of tax payers. Others can pay through paper challans as usual or may opt for e payment.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Should I report my US salary for January, February, March in Schedule FA?
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
