I.t for cash credit
This query is : Resolved
27 January 2020
One I.t. assess Rs.80000/- amount cash credit by capital account.
Doubt:
Capital credit amount tax applicable or no and rate of tax applicable.
Doubt:
Capital credit amount tax applicable or no and rate of tax applicable.
28 January 2020
Such cash credit allowed upto 2 lacs but source of income to be provided when asked for.
Message likes :
1 times
28 January 2020
sir, cash credit capital account amount Rs.80000/- un explained income .tax applicable or no
28 January 2020
Yes applicable during assessment.
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