withdrawl from bank
This query is : Resolved
01 December 2008
Dear all
An assessee has withdrawn Rs. 6,00,000 in financial year from his bank A/c,i.e Rs.3,00,000 each. and deposited the same amount in next year. so is it in accordance with provisions of Income tax.is there any case law relating to this..
Dear all
An assessee has withdrawn Rs. 6,00,000 in financial year from his bank A/c,i.e Rs.3,00,000 each. and deposited the same amount in next year. so is it in accordance with provisions of Income tax.is there any case law relating to this..
01 December 2008
Get ready with justification to substantiate that amount was not employed to earn any income during the intervening period
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?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- TDS U/S. 194NF
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- Inventory of finished goods
- 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
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
