Easy Office

Unexplained withdrawls

This query is : Resolved 
Profile Image

Profile Image

(Querist)
07 December 2016 WHETHER UN - EXPLAINED HUGE CASH WITHDRAWALS FROM BANK ACCOUNT ARE TAXABLE OR NOT.
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
07 December 2016 Section 69C talks about unexplained expenditure. Withdrawals can NOT be treated as expenditure.
But you have to be careful with section 69A...unexplained money etc. AND section 69B...Amount of invstment etc.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


Easy Office

Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links