Tax liability
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 November 2011
WHEN A AMOUNT WHICH IS CREDITED IN (X)YOUR A/C (SAVING) BY MISTAKE OF BANK CLERK ANY NOT YET BE RECTIFIED. THE AMOUNT OF THIS RS.650000/-
WHAT IS TAX LIABILITY IN THAT A Y.
IS X IS LIABLE TO PAY INCOME TAX
WHAT IS TAX LIABILITY IN THAT A Y.
IS X IS LIABLE TO PAY INCOME TAX
29 November 2011
No X is not liable to pay Income Tax. Contact the bank and say them to rectified it as soon as possible.
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