Form 29b filing question
pooja Kotak (34 Points)
12 June 2023Do I need to file form 29b compulsory??
pooja Kotak (34 Points)
12 June 2023
Sanjana Mohanty
(100 Points)
Replied 12 June 2023
No, filing Form 29B is not compulsory if you are paying tax in a private company as per the Income Tax Act and not under the Minimum Alternate Tax (MAT) provisions. However, it is always advisable to consult with a tax professional or refer to the specific guidelines provided by the tax authorities to ensure compliance with the applicable tax laws.
rama krishnan
(12239 Points)
Replied 12 June 2023