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
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
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
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
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
- About TDS & Income Tax
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Scrutiny and reopening of past returns
- Booth for sales promotion
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- F & O PROFIT REPORTING FOR AY 2026-27
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
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
