Net Banking
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 April 2011
As per income tax whether net banking is compulsory?
If compulsory then what is the eligibilty for company,firm &individual?
If compulsory then what is the eligibilty for company,firm &individual?
23 April 2011
Net banking is facility provided by banks and not compulsory. Online Income tax payment is compulsory. One can take net banking for one account for income tax payment and may not take net banking for other accounts.
Message likes :
1 times
23 April 2011
The purpose of net banking is to provide facility of seeing account statements and doing banking transactions through internet. Any body who applies to the bank for this facility is eligible as per norms of the particular bank.This facility is not mandatory for any one. One may or may not opt for this facility.
I differ with Mr Ranjan kapoor. Online Income Tax payment is not compulsory for all. It is compulsory only for a certain catagory of tax payers. Others can pay through paper challans as usual or may opt for e payment.
I differ with Mr Ranjan kapoor. Online Income Tax payment is not compulsory for all. It is compulsory only for a certain catagory of tax payers. Others can pay through paper challans as usual or may opt for e payment.
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
- Supply through E-commerce Operators
- Relief u/s Section 89
- Rent lease agreement
- REGARDING GST LIABILITY/....
- Tax liability on income of freelancer
- Merchant Export Accounting
- REGARDING SECTION 44AE
- E way bill for tractors
- SGST balance is there in credit ledger how to adjust for cgst
- GST Registration Horse racing
- Sales return eway bill
- Sales amount in Gstr1
- CG after sale of flat
- 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
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
