Voilation of sec 269st of income tax
This query is : Resolved
29 April 2017
Sir My client Had Deposited Amount 200500 in Bank Account and also violation Sec 269ST of Income tax , So What Is Salution for Baware from Penalty
CA Shubhanshu Jain
(Expert)
29 April 2017
No there is no penalty because section 269ST applies on receiver and in given case bank is receiver and banks are specifically kept out of purview of 269st
CA Shubhanshu Jain
(Expert)
29 April 2017
No there is no penalty because section 269ST applies on receiver and in given case bank is receiver and banks are specifically kept out of purview of 269st
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