Payment recovery
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 May 2013
Dear sir, My mother has given Rs-50000.00 by cheque to her cousion in 2008-09. Cousion has give interest only for one year. after this neither give interest nor principal amount. My moher provide him 15G form every year for non deducting of TDS. My mother is waiting for last 3 year in good faith but above person now deny to refund principal amont or interest. In above case can Incometax department help to recover mony from relative. my mother show interest amount in her income tax return every year and our relative also take benefit in his return.
16 May 2013
yA, mutual consent and good faith, liable and can file , hope you have evidence
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