Transfer entry of fund
This query is : Resolved
06 September 2012
dear sir
please fuie me regarding transfer entry of funds
there are Rs.500000 deposit in name of X in Pvt.ltd co &holder and Rs.300000 deposit in the name of Y. can Y's deposit to be transferd in X by passing J V entry ?
it is correct ?
please fuie me regarding transfer entry of funds
there are Rs.500000 deposit in name of X in Pvt.ltd co &holder and Rs.300000 deposit in the name of Y. can Y's deposit to be transferd in X by passing J V entry ?
it is correct ?
08 September 2012
no as both are different Entities.
08 September 2012
Yes, but income tax act will come to barigate such hawala entry
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
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Sale of property furniture sale
- RCM INVOICING FROM NOV-2024
- Tds on building rent monthly
- Darpan registration
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- 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?
- Query for dubts
Trending Online Classes
CAclubindia
