form 61A
This query is : Resolved
Jai Sehgal
(Querist)
23 May 2017
Form 61A is to be filed if there is cash sales or we'll hav to declare otherwise too??
As the format is having a column of mode of payment
So if there is requirement of cash sales only
Then there is no logic to ask for the mode of payment
Anyone can help?
24 May 2017
Form 61-A is applicable for reporting of cash transactions.
Jai Sehgal
(Querist)
25 May 2017
but what to be done with mode of transaction?
25 May 2017
The mode of transaction is available in menu. For further clarity, request you to read Rule 114 E which specifically states the nature and value of transaction which is to be reported and the reporting person who has to report it.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST on reimbursement of expenses
- Query on effect of registration of property
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Visiting card purchase
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Equity Share Sale and Purchase
- Additional trade name
- Number of years as per AS amortisation of Goodwill
- Whether output tax is taken credit by purchaser
- Wrong CMPo8 file
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
