payment of interest
This query is : Resolved
07 July 2010
sir,
any person who pays interest , has to deduct TDS ,how fwr this statament is true.
(fixed deposit,inerest paid on loan,)
whats' HAWALA , i heard that people brought there money in through HAWALA to avoid tax liability
any person who pays interest , has to deduct TDS ,how fwr this statament is true.
(fixed deposit,inerest paid on loan,)
whats' HAWALA , i heard that people brought there money in through HAWALA to avoid tax liability
09 July 2010
Statement is true but it is not applicable on Individual & HUF, whose turnover during the previous year does not exceeds Rs. 40lakh.
for HAWALA let the express views to others.
regards!!!
for HAWALA let the express views to others.
regards!!!
31 July 2023
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
- About TDS & Income Tax
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Under construction property in ITR
- Section 194JA & JB Income which ITR Form to use
- PPF interest-As Exempt Income disclosure
- Scrutiny and reopening of past returns
- Pass word to open justification report for Q1 for FY 2026-27
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- Not able to file ITR
- Rental income of jointly held property
- Regarding ITR filing with more value than showing in AIS/TIS
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
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
