What are the consequence if:-
A food catering business for which Section 44AD is applicable accepts in cash of Rs 2 lakh and gives a invoice/statement/bill for the same to the service recipient.
Menu
Accepting Rs 2 lakh by a 44AD business
Replies (1)
Section 269ST of IT act gets attracted....
Sec 44AD of the act do not override sec. 269ST..
Recent Threads
- TDS u/s194IB - Joint Ownership
- Free GST Reconciliation Tool in Google Sheets R
- NRI return after due date refund case
- TDS u/s 194J - training honorarium
- WHERE TO REGISTER UNDER PTRC AND PTEC ACTS ?
- Key Corporate Compliance Requirements for Private
- Gst Non Filling Return Notice
- GSTR 2B ( MULTIPLE MONTHS )
- Eway bill generation for export material.
- International Tax clarification UK.
Related Threads
CAclubindia
