Upgrade and Save: Get 10% OFF on CAclubindia Pro Subscription! Use Code: SAVE10 Subscribe Now!

269 ST Applicability

Subramanya Kamath (32 Points)

26 September 2019

Partner introduces ₹2,50,000 into his business in cash. Whether 269 ST is applicable??

Reply
Follow
Share

3 Replies

Kapadia Pravin (17259 Points)
Replied 27 September 2019

Interpretation wise 269ST may not be applicable but better way is to credit the cash in partner's bank account and then bring into partnership firm by way transfer through cheque or NEFT or Net Banking .

Upgrade to CAclubindia Pro. Subscribe Now!

Chandra Prakash Prakash (2 Points)
Replied 09 November 2019

Wef For which Assessment year sec 269ST is applicable

Kapadia Pravin (17259 Points)
Replied 09 November 2019

It is with effect from date 1-4-2017

Recent Topics

More recent discussions | Post

Related Threads

Popular Discussion

Start a New Discussion

Trending Online Classes

3 Days Certification Course on Tax Audit Under Income Tax Act 1961

CA Pratibha Goyal

Enroll Now

05 August 2024
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)

CA Arun Chhajer

Enroll Now

05 August 2024
Mastering Power BI for Financial Analysis - Data-Driven Finance

CA Vishal Zawar

Enroll Now

02 August 2024

269 ST Applicability

3 Replies

Online classes for CA CS CMA. Professional courses for GST, Tally, Others & Books

Leave a reply

Recent Topics

Related Threads

Popular Discussion

Trending Online Classes

Subscribe to the latest topics :

Search Forum: