Form 61a rule 114esection 285ba - receipt of 2lakhs +
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 May 2017
1. whether amount to be clubbed for a customer or it has to be seen as sales transaction wise (individual sales amount is not exceeding on any single day and also cash receipt not exceeding in respect of that . Whether clubbing of sales of different date to be done and reported) ?
2. I understand that if single sale amount is 2lakhs + and amount is received in different days in broken amount - it should be reported.
what about 1. ?
2. I understand that if single sale amount is 2lakhs + and amount is received in different days in broken amount - it should be reported.
what about 1. ?
Expert : Anonymous
Expert :
Anonymous
(Expert)
27 May 2017
Clubbing is to be made if all are in respect of one transaction.
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