Investment in cash
Querist : Anonymous
Hi,
Mr. X Got Rs. 50000 in CASH and now he want to earn income/Interest on it without investing the same in PAPER..
Paper means > He want a CASH payout and CASH payin
Is there any option for it ?
Invest in PF
he will get deduction U/s 80C for the amount invested
and also the Interest will be exempt U/s 10(11)
but as you asked cash payout. So you can invest in cash to individual. no one can suggest a way. but it is risky
your investment can also go
Querist : Anonymous
Click here to login now
Similar Resolved Queries
- House Property Reporting in ITR
- Refund Annexure-B
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Liable to deduct tds and 44ADA
- Rent lease agreement
- Refund of 20%pre-deposit paid for stay application
- TDS Challan Code
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
