NEW ITR FILING CHANGE I CASH DETAILS TO BE GIVEN I CA SATBIR SINGH
NEW ITR FILING CHANGE I CASH DETAILS TO BE GIVEN I CA SATBIR SINGH
Tag Archives: Cash
100% Penalty if amount exceeding Rs 2 Lakh paid in cash
Ministry of Finance Payments through Debit Cards Posted On: 15 JUL 2019 6:15PM by PIB Delhi As per Reserve Bank of India (RBI), the limit for purchase of goods and services through a card are decided by the card-issuer bank. As apprised by Public Sector Banks (PSBs), the maximum limit of making payment through debit… Read More »
Section 194N Income Tax :TDS on Payment of certain amounts in cash by Banks/Post offices
Section 194N Income Tax : Payment of certain amounts in cash Finance Act 2019 inserted Section 194N of Income Tax Act with effect from the 1st day of September, 2019: Payment of certain amounts in cash. This has been amended by Finance Act 2020 from 01.07.2020 (refer 1.6 below) 1.0 Video Explanation of Section 194N… Read More »
Cash Limits for Bank Accounts by Income Tax Department
Cash Limits for Bank Accounts by Income Tax Department नकद सीमा [Video ]Cash Receipt Limit in Income Tax w.e.f 01.04.2017 :section 269ST : News [ Part 16] : TaxHeal.com Limit &; Penalty on Cash Transaction w.e.f 01.04.2017 -Income Tax ( India) Section 269ST ; Cash Receipt Rs 2 Lakh or more Banned w.e.f 01.04.2017 Restricting… Read More »