e payment of tax

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This query is : Resolved

CA PRANESH AGRAWAL (Querist)

01 April 2008 Respected Colleagues,

We all know that e payment is now compulsory from 1st April for companies and assessee which is cover u/s 44AB.
My query is that whether its necessary to pay tax from their own a/c ? Means can't we make one separate a/c for our client and can pay all the taxes from this a/c ?
Also tell whether e payment can be done by credit card/debit card? its YES then how it can be?

Please guide me ,

Thanks in Advance,

CA Pranesh Agrawal
Surat

CA UMESHKUMAR R. ACHARYA

CA UMESHKUMAR R. ACHARYA (Expert)

08 April 2008 1. as on 8th April 2008 thereis no facility of payment by debit or credit card.
2. As a C.A.we can make payment on bahalf of our client, through maitanance of separate account and at present certain C.A.firms are following same practice . however care should be taken while accepting cash for deposit as same may be treated as acceptance of deposit in cash by revenue authorities.

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