Provision of section 269st

This query is : Open

Huzefa Tinwala (Querist)
Follow

30 June 2017 Hello,
I am a Civil Contractor. If I receive amount more than Rs. 200000.00 in the year 2017-18 against the various bills raised by me on various dated to a person. Shall I liable for penalty under Section 269ST of Income tax Act?

Ashiwini Ballodia

Ashiwini Ballodia (Expert)
Follow

01 July 2017 https://www.taxmann.com/login.aspx?ReturnUrl=%2ftopstories%2f105010000000014353%2ffurnishing-of-statement-of-financial-transaction-under-rule-114e-and-section-269st-–-a-comparison.aspx

Ashiwini Ballodia

Ashiwini Ballodia (Expert)
Follow

01 July 2017 Kindly provide your mail ID

Huzefa Tinwala

Huzefa Tinwala (Querist)
Follow

03 July 2017 hzf.tinwala@gmail.com

Ashiwini Ballodia

Ashiwini Ballodia (Expert)
Follow

03 July 2017 Check your mail ID

Huzefa Tinwala

Huzefa Tinwala (Querist)
Follow

04 July 2017 If I raise monthly Bills against single work order of Rs 4, 5 6 lacs and every month I receives the amount of Rs. 150000-180000 against every bill on various dated. Shall I liable for penalty under Section 269ST of Income tax Act?

Ashiwini Ballodia

Ashiwini Ballodia (Expert)
Follow

04 July 2017 The mail which I had send you is with example kindly follow that

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Akshay Jain

chandradhass sathish

Gurunathan kannan

Rakesh Bansal

yadagiri

Subscribe Now

Provision of section 269st

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Manager- Finance and Compliance

Article Assistant

CA Final

GST CONSULTANT

GST CONSULTANCY

Accountant