Tax deduction and computation
This query is : Resolved
Quick Summary
Mohd Tasleem
(Querist)
05 July 2022
Hello sir,
I have query Income tax s related, I have deposited Rs 21lakh cheque..
and have insurance in SBI BANK.
what liability i face at the time of filing income tax.... and what are the effect on GST.
I have query Income tax s related, I have deposited Rs 21lakh cheque..
and have insurance in SBI BANK.
what liability i face at the time of filing income tax.... and what are the effect on GST.
CA R SEETHARAMAN
(Expert)
05 July 2022
What is the source of income for the deposit.
11 July 2022
Bank insurance has no effect over credits of 21 lakhs cheque. Even bank will inquire about its source.
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