Save Rs 499 on a 2-Year Ad-Free Pro Membership. Subscribe Now!

banner_ad

About income

This query is : Resolved

Share Report Follow Query Ask a Query

Praveet (Querist)
Follow

01 June 2019 A trader who did not withdraw money from his firm but credited 100,000 rupees in his Personal Savings Account throughout the year, as per IT Rule would it be treated as income from other source (Extra Income)?

Amol S Joglekar

Amol S Joglekar (Expert)
Follow

01 June 2019 if it is loan from some one, then there is no any question of being treated as income.
if it is without any such explanation, it will be treated as income

Praveet (Querist)
Follow

01 June 2019 ok thank you sir for quick answer

Amol S Joglekar

Amol S Joglekar (Expert)
Follow

01 June 2019 you are most welcome.....

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

CCI Pro

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

CCI Pro

Meet our CAclubindia PRO Members

Pro Member AGNIHOTRAM RAM NARAYANA

AGNIHOTRAM RAM NARAYANA

Pro Member BHARAT KANDOI

BHARAT KANDOI

Pro Member J.Vijai

J.Vijai

Pro Member yadagiri

yadagiri

Pro Member S. AGARWAL & ASSOCIATES

S. AGARWAL & ASSOCIATES

Follow us

add to google news

Answer Query

Quick Links

Browse by Category

Latest Job Openings

View all

10 May 2026

Finance specialist

Right way solution

Ajmer

CA

View Details

14 May 2026

Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details

27 May 2026

Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details

ARTICLESHIP 15 May 2026

ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details

24 May 2026

Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details

19 May 2026

Accountant

ca kunjan

Mumbai

CA Inter

View Details

18 May 2026

MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details

Featured 29 April 2026

Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details