Salary a/c
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 June 2012
I am a salaried employee of a bank. I made a transfer of 5000 and 10000 from my salary a/c to SBI Saving bank a/c which is in my name only.
My tax advocate who prepare my Receipt and Payment a/c and Balance Sheet, wants to include this as my income.
But my question is these amounts are already come while calculating my yearly Salary. Then why to include them again. Does not it make double entry of such amount??
Amit
My tax advocate who prepare my Receipt and Payment a/c and Balance Sheet, wants to include this as my income.
But my question is these amounts are already come while calculating my yearly Salary. Then why to include them again. Does not it make double entry of such amount??
Amit
29 June 2012
this is not your salary income. your salary income will be computed from FORM 16.
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
- DELIVERY GOLD & SILVER AND OTHER ETF TRADING PROFIT AS BUSINESS INCOME
- GSTR-1A How to update Invoice
- Excess salary payment.
- 3cd- cash system of accounting is allowed?
- Provision for loans that are under Revenue Recovery
- APPLICABILITYOF GST ON STUDENT HOSTEL FEES
- Form 121-contradictory opinions
- Capital gain from sale of house property
- Stamp Paper for partnership firm change new income tax 2025
- Is Personal Guarantee of Director is Compulsory in case of loan to company ??
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
