Sec.269st applicable when current account self withdrowl
This query is : Resolved
05 April 2017
Dear Sir i
It will attract on Sec.269 ST When the self withdrawal in Our company Current Account
It will attract on Sec.269 ST When the self withdrawal in Our company Current Account
CA MANISH SAXENA
(Expert)
05 April 2017
Hi Dileep,
Yes section will apply on WITHDRAWAL.
Thanks
May connect me on manish.saxena@icai.org
Yes section will apply on WITHDRAWAL.
Thanks
May connect me on manish.saxena@icai.org
CA Gopal Somani
(Expert)
06 April 2017
No, It will not be applicable. A Press release has been issued by CBDT.
Cash withdrawal from bank is not included under 269ST Below is the link https://www.incometaxindia.gov.in/Lists/Press%20Releases/Attachments/610/Press-Release-on-promoting-Digital-Economy-5-4-2017.pdf
Cash withdrawal from bank is not included under 269ST Below is the link https://www.incometaxindia.gov.in/Lists/Press%20Releases/Attachments/610/Press-Release-on-promoting-Digital-Economy-5-4-2017.pdf
Message likes :
1 times
CA MANISH SAXENA
(Expert)
06 April 2017
Hi,
Yes, Press Release was issued by EOD on 5th Apr 2017.
Now I agree with Mr.Gopal.
Thanks
Yes, Press Release was issued by EOD on 5th Apr 2017.
Now I agree with Mr.Gopal.
Thanks
CA Gopal Somani
(Expert)
06 April 2017
Yes, there was too much confusion around it earlier so it was better to advice against more than 2 lakh withdrawal. Now after this press release everything's clear.
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
- Nursery business
- Tax on Amount transferred in HUF Account
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Intimation under section 245
- ETDS return q4 25-26
- Section 269ST applicability for capital introduced by partner to his partnership firm
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- Working on Gold wastage during Melting of old gold jewellery
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
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
