Transfer entry of fund
This query is : Resolved
06 September 2012
dear sir
please fuie me regarding transfer entry of funds
there are Rs.500000 deposit in name of X in Pvt.ltd co &holder and Rs.300000 deposit in the name of Y. can Y's deposit to be transferd in X by passing J V entry ?
it is correct ?
please fuie me regarding transfer entry of funds
there are Rs.500000 deposit in name of X in Pvt.ltd co &holder and Rs.300000 deposit in the name of Y. can Y's deposit to be transferd in X by passing J V entry ?
it is correct ?
08 September 2012
no as both are different Entities.
08 September 2012
Yes, but income tax act will come to barigate such hawala entry
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
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- Sales return eway bill
- TAN for Partnership
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- STCG FOR GOLD ETFs
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- Tax liability on income of freelancer
- GST ON DAMAGED GOODS
- Loan by Partnership Firm
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
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
