Payment of service tax
This query is : Resolved
30 March 2012
Sir,
we can make a payment of service of company from our personal bank a/c
for examaple
Campany name:ABC PVT. LTD.
PAYEE NAME:- XYZ.(ACCOUNTANT)
SERVICE TAX OF ABC PVT. LTD. COMPANY PAID THROUGH MR. XYZ INDIVIDUAL PERSONAL SAVING BANK ACCOUNT.
WHETHER THIS PROCESS IS LEGAL OR ILLEGAL, IF LEGAL KINDLY DESCRIBE
we can make a payment of service of company from our personal bank a/c
for examaple
Campany name:ABC PVT. LTD.
PAYEE NAME:- XYZ.(ACCOUNTANT)
SERVICE TAX OF ABC PVT. LTD. COMPANY PAID THROUGH MR. XYZ INDIVIDUAL PERSONAL SAVING BANK ACCOUNT.
WHETHER THIS PROCESS IS LEGAL OR ILLEGAL, IF LEGAL KINDLY DESCRIBE
31 March 2012
Yes the payment can be made through the personal account and later on the company can reimburse the same to the individual.
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
- Off Market debit and credit transaction
- Itr 1 processing
- Showing Gift from relative in ITR for this year
- ITR 1: Details for showing Exempt Income
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- ITR returnFY25-26
- ITR 2 Short Term gain & Long term gain
- Reporting Income under Section 44ADA
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- Tax liability on income of freelancer
- 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
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
