Treatment of tax Deposit online on behalf of clients
This query is : Resolved
22 September 2008
I want to know the treatment of transaction for epayment of the taxes of clients with my personal savings account.for eg. If one of my client pay me Rs.10000/- in cash for epayment of taxes through my account and I transfer the same amount through net banking to CBDT.How should I treat this transaction?
22 September 2008
Maintain a client's account in your book and with bank and route the transactions through these accounts.
CA. Amit Daga
(Expert)
22 September 2008
..
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