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Chitfund Accounting

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(Querist)
19 June 2008 Hi all
anyone can tell me how is the accounting treatment for investing money in chitfund? & also what will be the tax treatment for the same if income arised from this? And in which head of the income it is considered under the i-tax act 1961?
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Taranjit Singh

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Taranjit Singh (Expert)
03 October 2009 Hello, is this query still pending?????? plz send me a PM if yes.....
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Taranjit Singh

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Taranjit Singh (Expert)
03 October 2009 Hello, is this an old query still pending?????? plz send me a PM if yes.....
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